TMI BlogMere existence of an agreement between the assessee and its selling agents or payment of certain amounts...Mere existence of an agreement between the assessee and its selling agents or payment of certain amounts as commission, assuming there was such payment, does not bind the Income Tax Officer to hold that the payment was made exclusively and wholly for the purpose of the assessee's business. - SC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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