https://www.taxtmi.com/caselaws?id=213669 The Tribunal partly allowed the appeals by both the assessee and the department, with various issues being remanded to the AO for fresh consideration. Detailed guidance was provided on the application of legal principles and precedents in resolving the disputes related to deemed payment of sales tax, disallowance of interest on interest-free loans, addition of interest on income tax refund, disallowance of administrative expenses, deduction under Section 80HHC, disallowance of expenses on spouse travel, disallowance of prior period expenses, computation of capital gains on sale of shares, transfer pricing adjustments, depreciation allowance, disallowance of pre-operative expenses, and provision for doubtful debts. en-us Mon, 28 May 2012 00:00:00 +0530 Tue, 06 Feb 2018 17:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213669 The Tribunal partly allowed the appeals by both the assessee and the department, with various issues being remanded to the AO for fresh consideration. Detailed guidance was provided on the application of legal principles and precedents in resolving the disputes related to deemed payment of sales tax, disallowance of interest on interest-free loans, addition of interest on income tax refund, disallowance of administrative expenses, deduction under Section 80HHC, disallowance of expenses on spouse travel, disallowance of prior period expenses, computation of capital gains on sale of shares, transfer pricing adjustments, depreciation allowance, disallowance of pre-operative expenses, and provision for doubtful debts. Case-Laws Income Tax Mon, 28 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213669