https://www.taxtmi.com/caselaws?id=65203 The Tribunal partly allowed both the Department's and assessee's appeals, upholding some disallowances and additions while reversing others. Detailed analysis was provided for each issue, ensuring decisions were supported by evidence and legal precedents. Notable outcomes include the allowance of a claim for the forfeiture of a security deposit, commission payment, foreign tour expenses, and deletion of an addition under section 40A(8) of the IT Act. The Tribunal's decisions were based on the normal course of business, reasonableness of expenses, and compliance with relevant tax provisions. en-us Fri, 08 Apr 1994 00:00:00 +0530 Mon, 14 Feb 2011 11:53:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65203 The Tribunal partly allowed both the Department's and assessee's appeals, upholding some disallowances and additions while reversing others. Detailed analysis was provided for each issue, ensuring decisions were supported by evidence and legal precedents. Notable outcomes include the allowance of a claim for the forfeiture of a security deposit, commission payment, foreign tour expenses, and deletion of an addition under section 40A(8) of the IT Act. The Tribunal's decisions were based on the normal course of business, reasonableness of expenses, and compliance with relevant tax provisions. Case-Laws Income Tax Fri, 08 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65203