https://www.taxtmi.com/caselaws?id=415540 The Tribunal allowed the appeal, ruling that the discount granted to customers based on the refund of duty should be considered as a deductible expenditure for the current assessment year. The Tribunal disagreed with the Assessing Officer and the CIT(A), directing the Assessing Officer to delete the addition made towards the discount allowed to customers. en-us Tue, 30 Nov 2021 00:00:00 +0530 Wed, 08 Dec 2021 08:57:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415540 The Tribunal allowed the appeal, ruling that the discount granted to customers based on the refund of duty should be considered as a deductible expenditure for the current assessment year. The Tribunal disagreed with the Assessing Officer and the CIT(A), directing the Assessing Officer to delete the addition made towards the discount allowed to customers. Case-Laws Income Tax Tue, 30 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415540