Held that the Tribunal was right in holding the director in his return had offered the entire commission for taxation and paid tax at the maximum marginal rate without claiming any deduction and therefore, the motive of tax avoidance was also absent. No disallowance can be made. (AY. 2008-09)
CIT v. True Value Homes (India) Pvt. Ltd. (2021) 435 ITR 391 (Mad.)(HC)
S. 36(1)(ii) : Bonus or commission-Commission paid to director-Director paying taxes at maximum marginal rate-Allowable as deduction.