Addition of commission paid owing to the absence of details of ...

Commission Expenses Disallowed Due to Lack of Recipient Details and Unproven Business Purpose Under Review.

June 30, 2020

Case Laws Income Tax AT

Addition of commission paid owing to the absence of details of the persons to whom the commission has been paid - prima facie genuineness of expenditure is in doubt - Further, the business purpose of the expense has also to be demonstrated besides the payment which is missing in this case because none of the agent has been examined by the appellant - AO has correctly disallowed the expense claimed.

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Addition of commission paid owing to the absence of details of ...

Commission Expenses Disallowed Due to Lack of Recipient Details and Unproven Business Purpose Under Review.

June 30, 2020

Case Laws Income Tax AT

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