Assessee-company claimed deduction on account of commission payment. However supporting documents and evidences in respect of services received from various entities but it did not furnish documents/evidences required by Assessing Officer. The AO disallowed the commission. Tribunal also affirmed the disallowance made by the AO. (AY. 2009-10)
Ramesh Exports (P.) Ltd. v. DCIT (2020) 185 ITD 551 (Bang.)(Trib.)
S. 37(1) : Business expenditure-Commission-Details of service was not furnished-Disallowance is held to be justified.