2012 (10) TMI 1072

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 961? (b) Whether on the facts and in the circumstances of the case, the Tribunal was right in law in holding that the interest of ₹ 38,81,250/- had really accrued on the inter corporate deposit with Nipun Investment Pvt. Ltd?" - Tax Appeal No. 1409 of 2011 - - - Dated:- 1-10-2012 - AKIL KURESHI AND MS. HARSHA DEVANI, JJ. Manish J. Shah for the Appellant. ORDER Akil Kures .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... essee's claim for deduction of commission payment, the Tribunal heavily relied on the factor that there was nothing to suggest that the recipient of such commission payment had rendered any services to the assessee. The Tribunal noted that the onus was on the assessee, claiming such deduction, to establish that such payments were made for services rendered. 4. In view of the above conclusio .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X