Whether a transaction is shame - held that:- The existence or ...
Transaction's Validity Not Solely Based on Written Agreement; Sham Document Conclusion Overturned.
January 17, 2012
Case Laws Income Tax AT
Whether a transaction is shame - held that:- The existence or non-existence of written agreement would not be fatal to claim deduction on account of expenditure on account of commission. - the finding of the AO with regard to the agreement being a sham document cannot be sustained.... - AT
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