Disallowance of commission paid to foreign agents - The Tribunal ...

Case Laws Income Tax

May 2, 2024

Disallowance of commission paid to foreign agents - The Tribunal upheld the disallowance of commission expenses to both domestic and non-resident companies due to the lack of evidence of services provided and non-compliance with TDS requirements. Similarly, the disallowance of legal and professional charges was upheld as the services originated from India. Additionally, the Tribunal upheld the disallowance of interest expenses, noting the diversion of interest-bearing funds for non-business purposes

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Disallowance of commission paid to foreign agents - The Tribunal ...

Case Laws Income Tax

May 2, 2024

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