https://www.taxtmi.com/caselaws?id=271791 The Tribunal upheld the reopening of assessments under Sections 147/148 for AY 2002-03 and 2003-04. It allowed the assessee's claim for commission payments, including ASSF, related to sales to Iraq. Additionally, the Tribunal upheld the CIT(A)'s direction to consider only the profit element for computing adjusted profits under Section 80HHC, dismissing the revenue's appeal on this issue. en-us Mon, 18 Jan 2016 00:00:00 +0530 Wed, 17 Feb 2016 06:58:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271791 The Tribunal upheld the reopening of assessments under Sections 147/148 for AY 2002-03 and 2003-04. It allowed the assessee's claim for commission payments, including ASSF, related to sales to Iraq. Additionally, the Tribunal upheld the CIT(A)'s direction to consider only the profit element for computing adjusted profits under Section 80HHC, dismissing the revenue's appeal on this issue. Case-Laws Income Tax Mon, 18 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271791