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2014 (4) TMI 635 - BOMBAY HIGH COURTExcessive and unreasonable expenditure - Treatment of income from operations – Brokerage income – Held that:- Certain customers have been introduced to the assessee through the ICICI Bank Ltd. and that is how there is increase in brokerage income - The increase is because of number of customers which have been sourced by ICICI Bank Ltd. - Once there is no formula for such services or facilities and for which payment is made nor has the revenue brought on record any material to show that the expenditure in question was excess or unreasonable, no substantial question of law arises for consideration in that case – Decided against Revenue.
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