https://www.taxtmi.com/caselaws?id=214383 The Tribunal allowed the appeal partly, providing specific reliefs and remanding certain issues back to the Assessing Officer for reconsideration. The Tribunal reduced the Gross Profit addition under section 145(3) from 14% to 13%, granted relief in the disallowance under section 40A(2)(b), deleted the disallowance under section 43B as payment was made before the extended due date, remanded the issue of Provision for Foreign Exchange for a fresh decision, and reduced the disallowances of Telephone Expenses and Vehicle Expenses, providing partial relief to the assessee. en-us Mon, 23 Apr 2012 00:00:00 +0530 Sat, 25 May 2013 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214383 The Tribunal allowed the appeal partly, providing specific reliefs and remanding certain issues back to the Assessing Officer for reconsideration. The Tribunal reduced the Gross Profit addition under section 145(3) from 14% to 13%, granted relief in the disallowance under section 40A(2)(b), deleted the disallowance under section 43B as payment was made before the extended due date, remanded the issue of Provision for Foreign Exchange for a fresh decision, and reduced the disallowances of Telephone Expenses and Vehicle Expenses, providing partial relief to the assessee. Case-Laws Income Tax Mon, 23 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214383