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Case Law Details

Case Name : Indian Hume Pipe Co. Ltd. Vs Commissioner of Income Tax (Bombay High Court)
Appeal Number : Income Tax Appeal No. 744 of 2002
Date of Judgement/Order : 31/08/2023
Related Assessment Year :
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Indian Hume Pipe Co. Ltd. Vs Commissioner of Income Tax (Bombay High Court)

Bombay High Court held that AO and the Tribunal have allowed part of the commission payment as business expenditure. However, disallowance of part of commission payment as business expenditure unjustified

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