Tribunal confirms Disallowance since Sham Transactions under the garb of Donation was used for Evasion [Read Order]

A division bench of the Income Tax Appellate Tribunal (ITAT), Chennai bench has held that the Assessing Officer was rightly disallowed deduction claim since their involved sham transaction under the garb of donation. The assessee is carrying his business through sales commission agents for procuring orders and other business-related activities. The assessee paid commission to […]

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