https://www.taxtmi.com/caselaws?id=781275 ITAT restored the addition for rebates and discounts to the file of the AO for fresh adjudication, finding the CIT(A) lacked detailed justification and holding the issue covered by prior tribunal decision, allowing Revenue's ground for statistical purposes. Separately, ITAT sustained the CIT(A)'s deletion of disallowance for advances written off, holding such unrecoverable advances arose in the ordinary course of business and constitute an allowable business loss. en-us Mon, 10 Nov 2025 00:00:00 +0530 Thu, 13 Nov 2025 08:14:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781275 ITAT restored the addition for rebates and discounts to the file of the AO for fresh adjudication, finding the CIT(A) lacked detailed justification and holding the issue covered by prior tribunal decision, allowing Revenue's ground for statistical purposes. Separately, ITAT sustained the CIT(A)'s deletion of disallowance for advances written off, holding such unrecoverable advances arose in the ordinary course of business and constitute an allowable business loss. Case-Laws Income Tax Mon, 10 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781275