Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
TP adjustment for corporate guarantee commission at 0.50% on guaranteed amount directed. Interest on receivables beyond agreed credit period of 60-240 days for non-AEs to be allowed for AEs. Interest rate on foreign currency receivables/advances accepted as LIBOR+200 points. Weighted deduction u/s 35(2AB) for clinical trial expenses incurred outside approved R&D facilities allowed based on prescribed authority approval and judicial precedents.
TP adjustment for corporate guarantee commission at 0.50% on guaranteed amount directed. Interest on receivables beyond agreed credit period of 60-240 days for non-AEs to be allowed for AEs. Interest rate on foreign currency receivables/advances accepted as LIBOR+200 points. Weighted deduction u/s 35(2AB) for clinical trial expenses incurred outside approved R&D facilities allowed based on prescribed authority approval and judicial precedents.
Note: It is a system-generated summary and is for quick reference only.
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