https://www.taxtmi.com/caselaws?id=63232 The Tribunal allowed the appeal in part, overturning the disallowance of foreign travel expenses as the trip was deemed business-related. The disallowance of professional and consultancy services expenses was reversed, considering the legitimate nature of the services. However, the disallowance of commission payment was upheld, with directions to allow it upon payment receipt. The ground related to cash credits and interest was dismissed. Regarding repairs and maintenance expenses, the Tribunal directed allowing depreciation on the disallowed amount in subsequent years, ensuring correct treatment of the expenditure. en-us Fri, 31 May 1996 00:00:00 +0530 Fri, 28 Jan 2011 15:48:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63232 The Tribunal allowed the appeal in part, overturning the disallowance of foreign travel expenses as the trip was deemed business-related. The disallowance of professional and consultancy services expenses was reversed, considering the legitimate nature of the services. However, the disallowance of commission payment was upheld, with directions to allow it upon payment receipt. The ground related to cash credits and interest was dismissed. Regarding repairs and maintenance expenses, the Tribunal directed allowing depreciation on the disallowed amount in subsequent years, ensuring correct treatment of the expenditure. Case-Laws Income Tax Fri, 31 May 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63232