Commission expenditure - When the primarily evidence of nature ...

Income Tax

July 16, 2016

Commission expenditure - When the primarily evidence of nature of services rendered for which Assessee paid commission is not on record, it is not possible to say whether the expenditure was wholly and exclusively incurred for the purpose of business and also as to whether explanation to Sec.37(1) of the Act would be attracted. - AT

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Commission expenditure - When the primarily evidence of nature ...

Income Tax

July 16, 2016

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