https://www.taxtmi.com/caselaws?id=388928 The Tribunal allowed the appeal, overturning the disallowance of a claimed loss of Rs. 2,23,07,082/- due to the rejection of goods exported in the context of a global economic downturn. The Tribunal found the loss substantiated by documentary evidence and RBI approval for writing off the unrealized export bill, setting aside the lower authorities' decisions and dismissing the general ground of appeal. The decision was made on 22.10.2019. en-us Tue, 22 Oct 2019 00:00:00 +0530 Wed, 27 Nov 2019 12:40:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388928 The Tribunal allowed the appeal, overturning the disallowance of a claimed loss of Rs. 2,23,07,082/- due to the rejection of goods exported in the context of a global economic downturn. The Tribunal found the loss substantiated by documentary evidence and RBI approval for writing off the unrealized export bill, setting aside the lower authorities' decisions and dismissing the general ground of appeal. The decision was made on 22.10.2019. Case-Laws Income Tax Tue, 22 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388928