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Income Tax - Highlights / Catch Notes

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

Income Tax

April 14, 2017

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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