https://www.taxtmi.com/caselaws?id=414320 The Tribunal dismissed the revenue's appeals, upholding the CIT(A)'s decisions on all issues. The appeals were condoned for delay and the additions on rent expenses, excess interest on unsecured loans, commission to selling agents, and sales promotion expenses were all deleted. The Tribunal confirmed the genuineness and business necessity of the disputed expenses, emphasizing the evidence provided by the assessee to support their claims. en-us Thu, 28 Oct 2021 00:00:00 +0530 Sat, 20 Aug 2022 14:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414320 The Tribunal dismissed the revenue's appeals, upholding the CIT(A)'s decisions on all issues. The appeals were condoned for delay and the additions on rent expenses, excess interest on unsecured loans, commission to selling agents, and sales promotion expenses were all deleted. The Tribunal confirmed the genuineness and business necessity of the disputed expenses, emphasizing the evidence provided by the assessee to support their claims. Case-Laws Income Tax Thu, 28 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414320