Disallowance of commission paid to agents - There are some holes ...

Revenue Investigation Finds Issues in Disallowing Commission; Uniform Statements from Agents Raise Concerns About Thoroughness.

August 19, 2016

Case Laws Income Tax AT

Disallowance of commission paid to agents - There are some holes in this investigation. The first being the statements recorded from the 3 lady agents are stereo typed and the languages of all three are exactly similar. The Revenue has not brought out whether the agents who denied, has done any service to the assessee had filed their return of income, if filed, whether they have declared the commission as their income and taken the tax credit - AT

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Disallowance of commission paid to agents - There are some holes ...

Revenue Investigation Finds Issues in Disallowing Commission; Uniform Statements from Agents Raise Concerns About Thoroughness.

August 19, 2016

Case Laws Income Tax AT

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