https://www.taxtmi.com/caselaws?id=341739 The tribunal allowed the appeal, overturning the disallowance of both Transportation Charges and material rejection costs. The judgment highlighted the significance of business expediency and the requirement for expenses to be incurred for commercial purposes, even if benefiting a third party. The tribunal directed the Assessing Officer to reexamine the material rejection cost issue, focusing on delivery challans and debit notes, and providing an opportunity for the assessee to be heard. en-us Wed, 15 Mar 2017 00:00:00 +0530 Mon, 17 Apr 2017 08:49:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341739 The tribunal allowed the appeal, overturning the disallowance of both Transportation Charges and material rejection costs. The judgment highlighted the significance of business expediency and the requirement for expenses to be incurred for commercial purposes, even if benefiting a third party. The tribunal directed the Assessing Officer to reexamine the material rejection cost issue, focusing on delivery challans and debit notes, and providing an opportunity for the assessee to be heard. Case-Laws Income Tax Wed, 15 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341739