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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Disallowance of 50% of the expenses paid as commission - ...


Court Disallows 50% Commission Expenses Due to Lack of Details Preventing Verification by Revenue Authorities.

October 20, 2018

Case Laws     Income Tax     HC

Disallowance of 50% of the expenses paid as commission - assessee contended that revenue may conduct independent verification from the students - On failure of assessee to provide the relevant details like father's name, postal address etc, it was not possible for the A.O. to have undertaken any such verification.

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