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2014 (5) TMI 1177 - AT - Income TaxDisallowance of trade discount u/s 40A(2)(b)- Held that:- Issue is squarely covered in favour of the assessee by the decision of Hon'ble Jurisdictional High Court in the case of United Exports Vs. CIT [2009 (8) TMI 60 - DELHI HIGH COURT] wherein their Lordships held that Section 40A(2)(b) is not applicable in respect of trade discount. Section 40A(2)(b) is not applicable in respect of trade discount. - Decided against revenue
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