https://www.taxtmi.com/caselaws?id=261019 The ITAT Mumbai set aside the CIT(A) order on disallowance of export commission, directing the AO to re-examine the issue with reference to applicable Supreme Court precedents, favoring the assessee for statistical purposes. Regarding interest expenditure claimed against house property income, the tribunal restored the AO's addition since the assessee had agreed to the disallowance, ruling in favor of revenue. On the addition under section 69C related to purchases, the tribunal upheld the CIT(A)'s deletion of the addition, finding no independent inquiry by AO and sufficient evidence from the assessee, deciding against revenue. en-us Fri, 27 Mar 2015 00:00:00 +0530 Sat, 26 Jul 2025 11:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261019 The ITAT Mumbai set aside the CIT(A) order on disallowance of export commission, directing the AO to re-examine the issue with reference to applicable Supreme Court precedents, favoring the assessee for statistical purposes. Regarding interest expenditure claimed against house property income, the tribunal restored the AO's addition since the assessee had agreed to the disallowance, ruling in favor of revenue. On the addition under section 69C related to purchases, the tribunal upheld the CIT(A)'s deletion of the addition, finding no independent inquiry by AO and sufficient evidence from the assessee, deciding against revenue. Case-Laws Income Tax Fri, 27 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261019