https://www.taxtmi.com/caselaws?id=263121 The Tribunal upheld the CIT(A)'s decisions on all issues, dismissing the Revenue's appeal. The assessee's netting off of export receipts against import payments was accepted for section 10A deduction, additional evidence was admitted under Rule 46A, disallowance under section 40(a)(ia) for short deduction was rejected, and expenditure on UPS batteries was classified as revenue expenditure. en-us Tue, 23 Jun 2015 00:00:00 +0530 Thu, 27 Aug 2015 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263121 The Tribunal upheld the CIT(A)'s decisions on all issues, dismissing the Revenue's appeal. The assessee's netting off of export receipts against import payments was accepted for section 10A deduction, additional evidence was admitted under Rule 46A, disallowance under section 40(a)(ia) for short deduction was rejected, and expenditure on UPS batteries was classified as revenue expenditure. Case-Laws Income Tax Tue, 23 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263121