https://www.taxtmi.com/caselaws?id=219796 Transfer pricing comparability for export sales to associated enterprises was remitted for fresh determination, with the arm's length analysis to be reconsidered under the CUP and TNMM frameworks. The write-off of the advance to a subsidiary was also sent back for de novo examination on the business nexus and loss character. Notional interest disallowance relating to the floriculture division was deleted for lack of factual support, and TDS credit was directed to be granted on the basis of produced certificates. The provision for doubtful debts was added back in computing book profit under section 115JB. The levy of interest under section 234D was deleted as not applicable to the year, while the dividend deduction issue under section 80M was remitted and one interest-income ground was not pressed. en-us Fri, 08 Jun 2012 00:00:00 +0530 Fri, 16 Nov 2012 16:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219796 Transfer pricing comparability for export sales to associated enterprises was remitted for fresh determination, with the arm's length analysis to be reconsidered under the CUP and TNMM frameworks. The write-off of the advance to a subsidiary was also sent back for de novo examination on the business nexus and loss character. Notional interest disallowance relating to the floriculture division was deleted for lack of factual support, and TDS credit was directed to be granted on the basis of produced certificates. The provision for doubtful debts was added back in computing book profit under section 115JB. The levy of interest under section 234D was deleted as not applicable to the year, while the dividend deduction issue under section 80M was remitted and one interest-income ground was not pressed. Case-Laws Income Tax Fri, 08 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219796