https://www.taxtmi.com/caselaws?id=209913 The Tribunal upheld the CIT(A)'s decision to dismiss the Revenue's appeal regarding the deletion of additions made by the AO on account of the Export Profit Reserve credited to the partners' capital and the interest claimed on partners' capital accounts. The Tribunal found that the actions of the assessee were in line with the provisions of section 80HHC, relevant CBDT Circulars, and judicial precedents, supporting the deletion of the additions. en-us Fri, 20 May 2011 00:00:00 +0530 Mon, 08 Jul 2013 18:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209913 The Tribunal upheld the CIT(A)'s decision to dismiss the Revenue's appeal regarding the deletion of additions made by the AO on account of the Export Profit Reserve credited to the partners' capital and the interest claimed on partners' capital accounts. The Tribunal found that the actions of the assessee were in line with the provisions of section 80HHC, relevant CBDT Circulars, and judicial precedents, supporting the deletion of the additions. Case-Laws Income Tax Fri, 20 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209913