https://www.taxtmi.com/caselaws?id=264890 The Appellate Tribunal ITAT CHENNAI addressed dis-allowances under different sections of the Income Tax Act. It emphasized the need for a case-specific analysis, upheld CIT(Appeals)' decisions on overseas commission dis-allowance, and directed a fresh decision on foreign exchange fluctuation loss dis-allowance. The Tribunal allowed the appeals of the assessees for statistical purposes and dismissed the Revenue's appeals. en-us Fri, 26 Sep 2014 00:00:00 +0530 Sat, 03 Oct 2015 16:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264890 The Appellate Tribunal ITAT CHENNAI addressed dis-allowances under different sections of the Income Tax Act. It emphasized the need for a case-specific analysis, upheld CIT(Appeals)' decisions on overseas commission dis-allowance, and directed a fresh decision on foreign exchange fluctuation loss dis-allowance. The Tribunal allowed the appeals of the assessees for statistical purposes and dismissed the Revenue's appeals. Case-Laws Income Tax Fri, 26 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264890