https://www.taxtmi.com/caselaws?id=194016 The ITAT Mumbai ruled in favor of the assessee, reversing the FAA's decisions on disallowance of foreign commission expenses and addition of interest income under "income from other sources." However, the claim of deduction under Section 80IB was decided against the assessee based on previous rulings. The ITAT's thorough analysis led to a partial allowance of the appeal for the assessed years. en-us Wed, 28 Oct 2015 00:00:00 +0530 Sat, 26 Aug 2017 10:20:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194016 The ITAT Mumbai ruled in favor of the assessee, reversing the FAA's decisions on disallowance of foreign commission expenses and addition of interest income under "income from other sources." However, the claim of deduction under Section 80IB was decided against the assessee based on previous rulings. The ITAT's thorough analysis led to a partial allowance of the appeal for the assessed years. Case-Laws Income Tax Wed, 28 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194016