Disallowance of commission u/s 37(1) - AO is directed to ascertain whether the payment of commission is...

Disallowance of commission u/s 37(1) - AO is directed to ascertain whether the payment of commission is prohibited by law or not - The assessee is directed to prove the nexus and the commercial expediency for such claim and explain whether such agents are registered with the respective government department/PSUs for which they have been paid commission with evidence - remanded to AO .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X