https://www.taxtmi.com/caselaws?id=335469 The Tribunal allowed the appeals for both assessment years, overturning the disallowance of commission payments made for exports to Iraq. It found the payments were for legitimate services provided and made for business purposes, not illegal activities. The challenge to the validity of reassessment proceedings under sections 147/148 for A.Y. 2003-04 was deemed academic as the primary issue of disallowance of commission payments had been resolved in favor of the assessee. Consequently, the appeals were allowed based on the findings related to the commission payments. en-us Wed, 30 Nov 2016 00:00:00 +0530 Fri, 02 Dec 2016 21:47:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335469 The Tribunal allowed the appeals for both assessment years, overturning the disallowance of commission payments made for exports to Iraq. It found the payments were for legitimate services provided and made for business purposes, not illegal activities. The challenge to the validity of reassessment proceedings under sections 147/148 for A.Y. 2003-04 was deemed academic as the primary issue of disallowance of commission payments had been resolved in favor of the assessee. Consequently, the appeals were allowed based on the findings related to the commission payments. Case-Laws Income Tax Wed, 30 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335469