Consultancy fees paid for studying amp; preparing a strategy to reduce cost of production is eligible for deduction: HC

INCOME TAX : Where Assessing Officer made disallowance under section 40(a)(ia) on account of provisions made by assessee towards commission payment to agents on which no TDS was deducted, since revenue had not made such disallowance of provisions made by assessee in previous as well as subsequent assessment years, following same, impugned disallowance made during relevant assessment year was also to be deleted

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