https://www.taxtmi.com/caselaws?id=341897 The Tribunal upheld the CIT(A)'s decision, allowing the assessee's exemption claim under Section 10AA for trading activities at a SEZ unit. It also supported the deletion of additions for bad debts written off and losses on forward exchange contracts, emphasizing compliance with relevant laws. The Tribunal partially confirmed the disallowance of clearing and forwarding charges, directing the AO to verify payment status. The revenue's appeals were dismissed, and the assessee's appeal was allowed for statistical purposes, ensuring consistency with legal interpretations and precedents. en-us Fri, 07 Apr 2017 00:00:00 +0530 Mon, 17 Apr 2017 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341897 The Tribunal upheld the CIT(A)'s decision, allowing the assessee's exemption claim under Section 10AA for trading activities at a SEZ unit. It also supported the deletion of additions for bad debts written off and losses on forward exchange contracts, emphasizing compliance with relevant laws. The Tribunal partially confirmed the disallowance of clearing and forwarding charges, directing the AO to verify payment status. The revenue's appeals were dismissed, and the assessee's appeal was allowed for statistical purposes, ensuring consistency with legal interpretations and precedents. Case-Laws Income Tax Fri, 07 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341897