TDS on Commission Does Not Mean Expense Belongs to Assessee: ITAT Indore

Madho Bihari Agrawal Vs ACIT (ITAT Indore) TDS Compliance ≠ Expenditure – ITAT Indore Deletes ₹1.46 Cr Addition Made via Section 154 Rectification; ITAT Indore: Addition Under Section 69C Deleted as Commission Was Not Assessee’s Own Expense; ITAT: No Unexplained Expenditure When Commission Paid for Clients, Not from Assessee’s Own Business; Section 69C Inapplicable Where Commission Is Not Debited in Assessee’s Books, Rules ITAT Indore; ITAT Indore Quashes ₹1.46 Crore Addition: Mere TDS Disclosure in Form 3CD Doesn’t Prove Unrecorded Expense; ITAT Clarifies: TDS on Commission Do...