Ad hoc disallowance not sustained as commission expense substantiated with relevant evidence

Tirumala Estates Vs ITO (ITAT Hyderabad) ITAT Hyderabad held that ad hoc disallowance of commission expense cannot be sustained since assessee has substantiated commission payment with relevant evidence. Further, mere non-submission of certain bills and vouchers cannot be reason for ad hoc disallowance of land and development expenditure. Facts- The assessee is a partnership firm engaged in the business of real estate of purchasing land, development of land and plotting of the area and sale of plots. The case of the assessee was selected for scrutiny and the assessment was completed u/s. 143(...