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Income Tax

Commission Disallowance Deleted as Payments Held Mandatory Royalty

Case Law Details

Case Name
Ropar District Cooperative Union Limited Vs DCIT (ITAT Chandigarh)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2009-10
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Ropar District Cooperative Union Limited Vs DCIT (ITAT Chandigarh) Royalty Paid Between Government Milk Unions Allowable: ITAT Chandigarh Deletes ₹2.28 Crore ‘Commission’ Disallowance in Multi-Year Appeals The Chandigarh Bench of the ITAT allowed all five appeals of the Ropar District Cooperative Union Ltd. and deleted disallowance of commission aggregating to ₹2.28 crore (and corresponding amounts in other years), holding that the payments were in the nature of mandatory royalty between government-controlled cooperative societies and were allowable business expenditure. The assessee, ...
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Author Info

CA Vijayakumar Shetty
Qualification: CA in Practice
Company: Shetty & Co, Chartered Accountants, Mangalore
Location: Mangalore, Karnataka
Articles Published: 5,493

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