No Double Taxation Allowed Even if Expense Claim Found Non-Genuine: ITAT Mumbai

Ritu Sanjay Toshniwal Vs ACIT (ITAT Mumbai) ITAT Deletes Addition to Extent of Write-Back Already Taxed to Prevent Double Taxation;  Foreign Commission Disallowed as Assessee Failed to Prove Genuineness of Services: ITAT; ITAT Upholds Commission Disallowance Due to Lack of Evidence and Foreign Entity’s Denial; Commission Expense Rejected for Failure to Establish Business Nexus and Statutory Compliance. In , the Income Tax Appellate Tribunal (ITAT) Mumbai dealt with four appeals relating to Assessment Years (A.Ys.) 2007–08 to 2010–11 concerning disallowance of foreign agency commission c...