https://www.taxtmi.com/caselaws?id=759819 The Appellate Tribunal ITAT Mumbai ruled in favor of the Assessee, determining that the addition of Rs. 34,34,000 in the income tax computation for A.Y. 2020-21 was unjustified. The Tribunal found that the Assessee had properly accounted for the export transaction and subsequent repayment to Dena Bank. Consequently, the appeal was allowed, and the addition was deleted. en-us Mon, 16 Sep 2024 00:00:00 +0530 Wed, 09 Oct 2024 08:20:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759819 The Appellate Tribunal ITAT Mumbai ruled in favor of the Assessee, determining that the addition of Rs. 34,34,000 in the income tax computation for A.Y. 2020-21 was unjustified. The Tribunal found that the Assessee had properly accounted for the export transaction and subsequent repayment to Dena Bank. Consequently, the appeal was allowed, and the addition was deleted. Case-Laws Income Tax Mon, 16 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759819