https://www.taxtmi.com/caselaws?id=464131 ITAT LUCKNOW - AT upheld CIT(A)'s findings that commission on exports relating to earlier-year sales is payable only upon full realization of sale proceeds per the agency agreement, so the liability arose in the year of realization and the Revenue's appeal on that point was dismissed. The bench also sustained deletion of additions treating unsecured loans and alleged assumed commission as bogus, finding the assessee produced complete documentary evidence and the AO's reliance on a statement was insufficient. en-us Fri, 05 Aug 2022 00:00:00 +0530 Tue, 07 Oct 2025 10:33:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464131 ITAT LUCKNOW - AT upheld CIT(A)'s findings that commission on exports relating to earlier-year sales is payable only upon full realization of sale proceeds per the agency agreement, so the liability arose in the year of realization and the Revenue's appeal on that point was dismissed. The bench also sustained deletion of additions treating unsecured loans and alleged assumed commission as bogus, finding the assessee produced complete documentary evidence and the AO's reliance on a statement was insufficient. Case-Laws Income Tax Fri, 05 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464131