https://www.taxtmi.com/caselaws?id=204291 The ITAT dismissed the Department's appeal, upholding the CIT(A)'s decisions on all three issues. The judgments emphasized the principles established in relevant case laws, ensuring that the claims for bad debts, commission on export sales, and exchange rate fluctuation losses were allowable as per the Income Tax Act and established judicial precedents. en-us Wed, 29 Dec 2010 00:00:00 +0530 Wed, 13 Jul 2011 09:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204291 The ITAT dismissed the Department's appeal, upholding the CIT(A)'s decisions on all three issues. The judgments emphasized the principles established in relevant case laws, ensuring that the claims for bad debts, commission on export sales, and exchange rate fluctuation losses were allowable as per the Income Tax Act and established judicial precedents. Case-Laws Income Tax Wed, 29 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204291