https://www.taxtmi.com/caselaws?id=266222 The Tribunal upheld the deletion of various expenses like cargo, brokerage, commission, business promotion, insurance, and legal expenses in favor of the assessee for the assessment year 2009-10. The decision was based on consistent accounting methods, proper documentation, and approval from previous Tribunal orders and the High Court. The Tribunal emphasized that the expenses were necessary business expenses and allowable, as supported by manifest agreements and vouchers. The appeal filed by the Revenue was dismissed, affirming the previous decisions and the Assessing Officer's acceptance in subsequent assessment years. en-us Thu, 07 May 2015 00:00:00 +0530 Mon, 19 Oct 2015 07:54:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266222 The Tribunal upheld the deletion of various expenses like cargo, brokerage, commission, business promotion, insurance, and legal expenses in favor of the assessee for the assessment year 2009-10. The decision was based on consistent accounting methods, proper documentation, and approval from previous Tribunal orders and the High Court. The Tribunal emphasized that the expenses were necessary business expenses and allowable, as supported by manifest agreements and vouchers. The appeal filed by the Revenue was dismissed, affirming the previous decisions and the Assessing Officer's acceptance in subsequent assessment years. Case-Laws Income Tax Thu, 07 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266222