https://www.taxtmi.com/caselaws?id=216990 The Appellate Tribunal upheld the decisions of the Commissioner of Income Tax (Appeals) regarding the disallowance of selling and distribution expenses and advances irrecoverable written off. The Tribunal emphasized the necessity of the expenses for obtaining export orders and accepted the explanation provided by the appellant for the written-off advances, highlighting the maintenance of regular business accounts as evidence. As a result, the appeal was dismissed, affirming the validity of both expense claims and written-off advances. en-us Fri, 27 Jul 2012 00:00:00 +0530 Tue, 11 Sep 2012 13:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216990 The Appellate Tribunal upheld the decisions of the Commissioner of Income Tax (Appeals) regarding the disallowance of selling and distribution expenses and advances irrecoverable written off. The Tribunal emphasized the necessity of the expenses for obtaining export orders and accepted the explanation provided by the appellant for the written-off advances, highlighting the maintenance of regular business accounts as evidence. As a result, the appeal was dismissed, affirming the validity of both expense claims and written-off advances. Case-Laws Income Tax Fri, 27 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216990