https://www.taxtmi.com/caselaws?id=208564 The Tribunal upheld the first appellate authority's decision to allow the claimed expenses of the company for the assessment year 2003-04, despite facing a recession and lack of export orders. The Tribunal noted the company's continued operational status and upheld the decision based on precedents. The appeal filed by the Revenue against the deletion of the addition on account of expenditure claimed by the company was dismissed. en-us Fri, 23 Apr 2010 00:00:00 +0530 Tue, 28 May 2013 17:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208564 The Tribunal upheld the first appellate authority's decision to allow the claimed expenses of the company for the assessment year 2003-04, despite facing a recession and lack of export orders. The Tribunal noted the company's continued operational status and upheld the decision based on precedents. The appeal filed by the Revenue against the deletion of the addition on account of expenditure claimed by the company was dismissed. Case-Laws Income Tax Fri, 23 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208564