Supreme Court · 1972 INSC 200 · Decided 29 August 1972
Aluminium Corporation of India LTD. v. Commissioner of Incometax, West Bengal
- Court
- Supreme Court of India
- Citation
- 1972 INSC 200 · [1973] 1 S.C.R. 1097
- Case number
- CIVIL APPEAL No. 394/1969
- Decided
- 29 August 1972
- Bench
- K.S. HEGDE, P. JAGANMOHAN REDDY, HANS RAJ KHANNA (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 10(2)(xv), 66, 66A(2)
Headnote
Income Tax Act 1922 s. 10(2)(xv) & 66-Exr,endilure laid out wholly and excluslVely .for business-Commission payab e to selling agents In a case whNe sales are not actually effected through selli11g agents-Construe· lion of agreement-Expenditure on such Commission whether allowable as 'decided by Tribrmal--High Courfs power to interfere in reference proceedings under s. 66. Under clause (6) of the agreement between the assessee company and its Selling Agents discount was to be allowed to the Selling Agents not only on sales effected through the said Agents or sub-agents but
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)