https://www.taxtmi.com/caselaws?id=352600 The Tribunal upheld the deductions claimed by the BPO service provider, including foreign exchange gain and unpaid bonus, stating they were valid and necessary to avoid double taxation. It found the AO's selective acceptance of deductions unsustainable, emphasizing that genuine claims should be honored. The Tribunal dismissed the Revenue's appeal, affirming the CIT (A)'s decision to allow the deductions under section 10A of the Income-tax Act. en-us Tue, 31 Oct 2017 00:00:00 +0530 Mon, 18 Dec 2017 11:34:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352600 The Tribunal upheld the deductions claimed by the BPO service provider, including foreign exchange gain and unpaid bonus, stating they were valid and necessary to avoid double taxation. It found the AO's selective acceptance of deductions unsustainable, emphasizing that genuine claims should be honored. The Tribunal dismissed the Revenue's appeal, affirming the CIT (A)'s decision to allow the deductions under section 10A of the Income-tax Act. Case-Laws Income Tax Tue, 31 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352600