https://www.taxtmi.com/caselaws?id=440884 The Tribunal dismissed the Revenue's appeal and allowed the assessee's appeal, upholding the CIT(A)'s decisions on all issues. The disallowance of infrastructure development expenses, disallowance under Section 40(a)(i) of the Income Tax Act for foreign remittances, disallowance of loss on foreign currency fluctuation, reduction of addition on account of other expenses, and disallowance of legal expenses were all ruled in favor of the assessee. en-us Wed, 26 Jul 2023 00:00:00 +0530 Fri, 28 Jul 2023 09:22:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440884 The Tribunal dismissed the Revenue's appeal and allowed the assessee's appeal, upholding the CIT(A)'s decisions on all issues. The disallowance of infrastructure development expenses, disallowance under Section 40(a)(i) of the Income Tax Act for foreign remittances, disallowance of loss on foreign currency fluctuation, reduction of addition on account of other expenses, and disallowance of legal expenses were all ruled in favor of the assessee. Case-Laws Income Tax Wed, 26 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440884