Mere existence of an agreement between the assessee and its ...
Income Tax Officer Not Required to Assume Commission Payments Are Solely for Business Purposes Based on Agreements.
March 12, 2015
Case Laws Income Tax SC
Mere existence of an agreement between the assessee and its selling agents or payment of certain amounts as commission, assuming there was such payment, does not bind the Income Tax Officer to hold that the payment was made exclusively and wholly for the purpose of the assessee's business. - SC
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