https://www.taxtmi.com/caselaws?id=218120 The ITAT partially allowed the Revenue's appeal, upholding the deletion of disallowance for foreign exchange fluctuation and bad debts written off. The addition for interest u/s. 244A was deleted for further clarification. Security expenses and traveling expenses disallowances were also deleted. An addition based on previous year findings was upheld. The ITAT provided detailed analysis and legal interpretations, allowing some claims and ordering further adjudication on others. en-us Fri, 06 Jul 2012 00:00:00 +0530 Mon, 05 Nov 2012 11:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218120 The ITAT partially allowed the Revenue's appeal, upholding the deletion of disallowance for foreign exchange fluctuation and bad debts written off. The addition for interest u/s. 244A was deleted for further clarification. Security expenses and traveling expenses disallowances were also deleted. An addition based on previous year findings was upheld. The ITAT provided detailed analysis and legal interpretations, allowing some claims and ordering further adjudication on others. Case-Laws Income Tax Fri, 06 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218120