https://www.taxtmi.com/caselaws?id=337734 The Tribunal allowed the assessee's appeal regarding the commission expenses and deduction under section 80HHC on interest after netting off. The revenue's appeal concerning the exchange rate difference deduction was dismissed. The levy of interest under sections 234A, 234B, 234C, and 234D was upheld as mandatory, and the initiation of penalty under section 271(1)(c) was dismissed as premature. en-us Thu, 05 Jan 2017 00:00:00 +0530 Mon, 16 Jan 2017 08:24:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337734 The Tribunal allowed the assessee's appeal regarding the commission expenses and deduction under section 80HHC on interest after netting off. The revenue's appeal concerning the exchange rate difference deduction was dismissed. The levy of interest under sections 234A, 234B, 234C, and 234D was upheld as mandatory, and the initiation of penalty under section 271(1)(c) was dismissed as premature. Case-Laws Income Tax Thu, 05 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337734