https://www.taxtmi.com/caselaws?id=217135 The Tribunal dismissed most of the Revenue's appeals, upholding the CIT(A)'s decisions on various grounds, including the treatment of forward contract losses, late payment of PF and ESI contributions, excise duty valuation, and repairs and maintenance expenses. The Tribunal also addressed the issue of TDS on foreign commissions, emphasizing the non-retrospective application of withdrawn CBDT circulars. The issue of excess interest payment was remanded to the AO for further verification. The assessee's cross-objections were either allowed or remanded for reconsideration. en-us Fri, 13 Jul 2012 00:00:00 +0530 Fri, 28 Sep 2012 15:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217135 The Tribunal dismissed most of the Revenue's appeals, upholding the CIT(A)'s decisions on various grounds, including the treatment of forward contract losses, late payment of PF and ESI contributions, excise duty valuation, and repairs and maintenance expenses. The Tribunal also addressed the issue of TDS on foreign commissions, emphasizing the non-retrospective application of withdrawn CBDT circulars. The issue of excess interest payment was remanded to the AO for further verification. The assessee's cross-objections were either allowed or remanded for reconsideration. Case-Laws Income Tax Fri, 13 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217135