https://www.taxtmi.com/caselaws?id=469036 Credit notes and cash discount were found to have been fully passed on to dealers, leaving a nil net figure and no routing through the profit and loss account. On examination of the ledger, the Tribunal accepted that the assessee had in substance allowed the benefit to customers under a consistent accounting policy. The addition was therefore unsustainable and was deleted. en-us Fri, 28 Mar 2025 00:00:00 +0530 Sat, 30 May 2026 14:01:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469036 Credit notes and cash discount were found to have been fully passed on to dealers, leaving a nil net figure and no routing through the profit and loss account. On examination of the ledger, the Tribunal accepted that the assessee had in substance allowed the benefit to customers under a consistent accounting policy. The addition was therefore unsustainable and was deleted. Case-Laws Income Tax Fri, 28 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469036