https://www.taxtmi.com/caselaws?id=219577 The Assessee's appeal was partly allowed by the Tribunal. The Tribunal directed the Assessing Officer to follow directions from earlier years regarding Transfer Pricing Adjustment on Interest-Free Loans, Disallowance under Section 14A, Set-Off of Losses of STP Units, Deferred Compensation Plan Deduction, Depreciation on Imported Software, Allocation of Corporate Expenses to Units, and Exclusion of Income Items from Export Turnover under Section 10A. The Tribunal remitted issues regarding Deduction under Section 10A for Overseas Software Development and Credit for Foreign Taxes Paid back to the CIT(A) for reconsideration. The Assessee's alternative claim under Section 80JJ was dismissed, and the levy of interest under Sections 234B and 234D was adjusted by the AO in compliance with the Tribunal's order. en-us Wed, 18 Jul 2012 00:00:00 +0530 Wed, 07 Nov 2012 17:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219577 The Assessee's appeal was partly allowed by the Tribunal. The Tribunal directed the Assessing Officer to follow directions from earlier years regarding Transfer Pricing Adjustment on Interest-Free Loans, Disallowance under Section 14A, Set-Off of Losses of STP Units, Deferred Compensation Plan Deduction, Depreciation on Imported Software, Allocation of Corporate Expenses to Units, and Exclusion of Income Items from Export Turnover under Section 10A. The Tribunal remitted issues regarding Deduction under Section 10A for Overseas Software Development and Credit for Foreign Taxes Paid back to the CIT(A) for reconsideration. The Assessee's alternative claim under Section 80JJ was dismissed, and the levy of interest under Sections 234B and 234D was adjusted by the AO in compliance with the Tribunal's order. Case-Laws Income Tax Wed, 18 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219577