Allowability of Commisssion paid to Direct Selling Agents (DSA)

Citi Financial Consumer Finance India Ltd. Vs. CIT (Delhi High Court)- The Tribunal in the instant case has referred the matter back to the AO categorically recording that there was no sufficient material placed before it to demonstrate as to what were the services rendered by the DSAs from which it could be ascertained as to how allow ability to pay such brokerage had arisen and could be worked out. According to the Tribunal, mere Agreement was not sufficient for this purpose, as it does not reveal on what basis the brokerage is payable and is looked into what and how the assessee would be  ...