Commission paid to MD & working Directors is allowable expense

The Asst. Commissioner of Income Tax Vs. S.H. Kelkar & Co. Pvt. Ltd. (ITAT Mumbai)

The first issue in this appeal of Revenue is against the order of CIT(A) deleting the dis allowance made by AO of ₹ 84,00,000/- as commission paid to managing director and two his working director. For this Revenue has raised following ground No. 1: –

“1. “On the facts and circumstances of the case and in la

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