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

Court Questions Commission Expenditure Validity Due to Missing Evidence u/s 37(1) of Income Tax Act.

July 16, 2016

Case Laws Income Tax AT

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 ...

Court Questions Commission Expenditure Validity Due to Missing Evidence u/s 37(1) of Income Tax Act.

July 16, 2016

Case Laws Income Tax AT

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