https://www.taxtmi.com/caselaws?id=305536 The Court upheld the Tribunal's decision in the case, dismissing the revenue's appeal and closing the connected application. The Tribunal's rulings on various issues, including disallowance of foreign trade expenses, deletion of disallowances on additional depreciation, disallowance under Section 14A of the Income Tax Act, and deletion of addition on account of commission to foreign and Indian agents, were affirmed. The Court found no substantial questions of law on these matters, agreeing with the Tribunal's detailed factual analyses and conclusions based on the evidence presented. en-us Thu, 17 Feb 2022 00:00:00 +0530 Fri, 09 Dec 2022 20:43:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305536 The Court upheld the Tribunal's decision in the case, dismissing the revenue's appeal and closing the connected application. The Tribunal's rulings on various issues, including disallowance of foreign trade expenses, deletion of disallowances on additional depreciation, disallowance under Section 14A of the Income Tax Act, and deletion of addition on account of commission to foreign and Indian agents, were affirmed. The Court found no substantial questions of law on these matters, agreeing with the Tribunal's detailed factual analyses and conclusions based on the evidence presented. Case-Laws Income Tax Thu, 17 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305536