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![Chit Fund Companys Appeal Dismissed: ITAT Upholds 90% Disallowance for Lack of Evidence on Commission Payments [Read Order]](https://images.taxscan.in/h-upload/2025/08/20/500x300_2078706-itat-lack-of-evidence-taxscan.webp "Chit Fund Companys Appeal Dismissed: ITAT Upholds 90% Disallowance for Lack of Evidence on Commission Payments [Read Order]")
Chit Fund Company's Appeal Dismissed: ITAT Upholds 90% Disallowance for Lack of Evidence on Commission Payments [Read Order]
The Income Tax Appellate Tribunal (ITAT), Cochin Bench has dismissed an appeal filed by a Thrissur-based chit fund company. The tribunal upheld the...
![Speculative Transaction through Broker without Purchase of Share: ITAT deletes Addition on Purchase of Shares and Commission Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Speculative-Transaction-Broker-ITAT-Purchase-of-Shares-Commission-Expenditure-Taxscan.jpeg "Speculative Transaction through Broker without Purchase of Share: ITAT deletes Addition on Purchase of Shares and Commission Expenditure [Read Order]")
![Commission Expenditure can’t be disallowed mere for want of Confirmation Letters from Recipients: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/11/Commission-Expenditure-ITAT-Taxscan.jpg "Commission Expenditure can’t be disallowed mere for want of Confirmation Letters from Recipients: ITAT [Read Order]")