Adhoc disallowance of 50% of expenditure incurred in earning commission income, for the reason that assessee has not been able to explain fully that the expenditure claimed was wholly and exclusively laid out for the purpose of business. Assesee furnished names, cheque numbers and amounts of commission paid. Adhoc disallowance held not sustainable.

SARAL TALWAR (2015) 44 CCH 0391 HydTrib Jul 22, 2015