https://www.taxtmi.com/caselaws?id=217246 Interest received from debtors was treated as business-linked receipt where it had a direct nexus with delayed sale realisation, so it qualified for section 80IB and was not excluded under Explanation (baa) while computing section 80HHC. The transfer pricing adjustment on import of DETPCL was deleted because the arm's length price had to be tested against comparable uncontrolled transactions as a whole, including surrounding commercial circumstances. The section 41(1) addition on sundry creditors was removed to avoid double taxation, ESIC contribution paid before the return filing due date was allowed, and the issues on lease premium written back and bad debts were remanded for fresh verification where factual examination was incomplete. en-us Mon, 19 Apr 2010 00:00:00 +0530 Tue, 09 Oct 2012 06:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217246 Interest received from debtors was treated as business-linked receipt where it had a direct nexus with delayed sale realisation, so it qualified for section 80IB and was not excluded under Explanation (baa) while computing section 80HHC. The transfer pricing adjustment on import of DETPCL was deleted because the arm's length price had to be tested against comparable uncontrolled transactions as a whole, including surrounding commercial circumstances. The section 41(1) addition on sundry creditors was removed to avoid double taxation, ESIC contribution paid before the return filing due date was allowed, and the issues on lease premium written back and bad debts were remanded for fresh verification where factual examination was incomplete. Case-Laws Income Tax Mon, 19 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217246