Commission to sole selling agent disallowed - Reasonableness - ...

Income tax authorities disallow commission to sole agent due to lack of services, citing Section 40A(2)(a) discretion.

April 14, 2017

Case Laws Income Tax HC

Commission to sole selling agent disallowed - Reasonableness - There was no service provided by the partners of M/s. Laxmi & Co. in respect of manufacture and sale of production to justify huge commission - income tax authorities correctly exercised the discretion u/s 40A(2)(a) - HC

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Commission to sole selling agent disallowed - Reasonableness - ...

Income tax authorities disallow commission to sole agent due to lack of services, citing Section 40A(2)(a) discretion.

April 14, 2017

Case Laws Income Tax HC

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