https://www.taxtmi.com/caselaws?id=55036 The ITAT Agra ruled in favor of the assessee in the case. The disallowance of increased remuneration to the three sons was deemed unreasonable and deleted, as the Tribunal found no evidence that the sons did not contribute effectively to the business. Additionally, the deduction under section 80HHC for profits on sales to foreign buyers against foreign exchange was allowed, but the issue was remanded to the AO for verification on whether the goods purchased by foreign buyers had left India. en-us Thu, 08 Feb 2001 00:00:00 +0530 Tue, 23 Nov 2010 16:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55036 The ITAT Agra ruled in favor of the assessee in the case. The disallowance of increased remuneration to the three sons was deemed unreasonable and deleted, as the Tribunal found no evidence that the sons did not contribute effectively to the business. Additionally, the deduction under section 80HHC for profits on sales to foreign buyers against foreign exchange was allowed, but the issue was remanded to the AO for verification on whether the goods purchased by foreign buyers had left India. Case-Laws Income Tax Thu, 08 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55036