https://www.taxtmi.com/caselaws?id=217462 The Tribunal partly allowed the Miscellaneous Application filed by the assessee, maintaining the decisions on both issues. Regarding the non-adjudication of disallowance u/s 14A of the IT Act, the Tribunal directed the Assessing Officer to consider the contention of the assessee that no direct or indirect expense had been incurred to earn the exempt income. Concerning the disallowance of deduction u/s 10A on the reimbursement of salary and expenses of its AE, the Tribunal upheld the decision of the Assessing Officer and Commissioner of Income Tax(Appeals) that the income resulting from the adjustment made by the assessee had no nexus with the software development activity, thus not qualifying for the deduction. en-us Fri, 27 Jul 2012 00:00:00 +0530 Sat, 06 Jul 2013 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217462 The Tribunal partly allowed the Miscellaneous Application filed by the assessee, maintaining the decisions on both issues. Regarding the non-adjudication of disallowance u/s 14A of the IT Act, the Tribunal directed the Assessing Officer to consider the contention of the assessee that no direct or indirect expense had been incurred to earn the exempt income. Concerning the disallowance of deduction u/s 10A on the reimbursement of salary and expenses of its AE, the Tribunal upheld the decision of the Assessing Officer and Commissioner of Income Tax(Appeals) that the income resulting from the adjustment made by the assessee had no nexus with the software development activity, thus not qualifying for the deduction. Case-Laws Income Tax Fri, 27 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217462