https://www.taxtmi.com/caselaws?id=337177 The Tribunal dismissed the Revenue's appeal, upholding the deletion of disallowance under Section 40(a)(ia) for sales and marketing expenses payable to agents abroad. It allowed the assessee's claim for deduction under Section 10B on enhanced profits due to disallowance, citing CBDT Circular No. 37/2016 and the jurisdictional High Court ruling. The order was pronounced on 21st December 2016. en-us Wed, 21 Dec 2016 00:00:00 +0530 Wed, 04 Jan 2017 00:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337177 The Tribunal dismissed the Revenue's appeal, upholding the deletion of disallowance under Section 40(a)(ia) for sales and marketing expenses payable to agents abroad. It allowed the assessee's claim for deduction under Section 10B on enhanced profits due to disallowance, citing CBDT Circular No. 37/2016 and the jurisdictional High Court ruling. The order was pronounced on 21st December 2016. Case-Laws Income Tax Wed, 21 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337177