Allowing the appeal of the assessee the Tribunal held that the assessee has produced documentary evidence to prove the genuineness of commission payment. Tribunal also held that Statement recorded cannot be used against the asseessee without giving an opportunity of cross examination. (AY.2008-09)
Shree Bishandas Iron v. DCIT (2018) 162 DTR 209 / 191 TTJ 624 (Kol.)(Trib.)
S. 37(1) : Business expenditure-Commission expenses– Documentary evidences to prove genuineness of commission transaction was produced–Statement recorded cannot be used against the asseessee without giving an opportunity of cross examination. [S. 131]