https://www.taxtmi.com/caselaws?id=211029 The Tribunal dismissed all grounds raised by the Revenue in the appeal, affirming the decisions of the Commissioner of Income-tax (Appeals) based on precedent and legal interpretations. The disallowance of administrative expenses under section 14A was restricted to Rs 1,00,000, the payment for technical knowhow was characterized as revenue in nature, and the adjustment to book profit for provision of leave encashment under section 115JB was upheld. en-us Fri, 06 Jan 2012 00:00:00 +0530 Thu, 01 Mar 2012 09:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211029 The Tribunal dismissed all grounds raised by the Revenue in the appeal, affirming the decisions of the Commissioner of Income-tax (Appeals) based on precedent and legal interpretations. The disallowance of administrative expenses under section 14A was restricted to Rs 1,00,000, the payment for technical knowhow was characterized as revenue in nature, and the adjustment to book profit for provision of leave encashment under section 115JB was upheld. Case-Laws Income Tax Fri, 06 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211029