TMI BlogDisallowance of Commission Upheld for Payments to Firm Where Director Holds Substantial Interest Under Income Tax Law.Disallowance of Commission - Paid to firm in which director has substantial interest - the firm has earned the commission only from the assessee & not from any other party - Disallowance confirmed - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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