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Income Tax - Highlights / Catch Notes

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Disallowance of commission - assessee cannot keep track of the ...

Income Tax

June 29, 2019

Disallowance of commission - assessee cannot keep track of the person with whom she had done transactions - AO in the remand report confirms that the address given by the assessee is same on which payee obtained in his PAN card and filed his return of income - even the genuineness of the transactions is proved by the fact an MOU was entered and that in each of the bills/invoices raised, the details of services rendered - no disallowance

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