https://www.taxtmi.com/caselaws?id=329421 The Appellate Tribunal overturned the addition of the foreign buyer's agency commission amount to the assessee's total income. The Tribunal emphasized the commercial justifications for the billing pattern, highlighting that the commission was not part of export sales and should not be disallowed as an expenditure. The decision was based on commercial practices and principles, directing the Assessing Officer to delete the erroneous addition. en-us Wed, 02 Mar 2016 00:00:00 +0530 Fri, 01 Jul 2016 12:44:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329421 The Appellate Tribunal overturned the addition of the foreign buyer's agency commission amount to the assessee's total income. The Tribunal emphasized the commercial justifications for the billing pattern, highlighting that the commission was not part of export sales and should not be disallowed as an expenditure. The decision was based on commercial practices and principles, directing the Assessing Officer to delete the erroneous addition. Case-Laws Income Tax Wed, 02 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329421