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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Disallowance of commission payment on sale of property - the ...

Income Tax

February 23, 2016

Disallowance of commission payment on sale of property - the assessee has not discharged the initial burden cast upon it first to prove the genuineness of payment. Therefore, the CIT(A) is justified in disallowing the payment of brokerage to three persons. - AT

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