https://www.taxtmi.com/caselaws?id=236074 The Tribunal partly allowed the assessee's appeals for Assessment years 2002-03, 2003-04, and 2004-05. The disallowance under Section 14A was reduced to 2% of dividend income. Deductions under Sections 80IB and 80HHC were allowed for eligible items. Transfer pricing adjustments were to be reassessed using the Comparable Uncontrolled Price method. Calculation errors in interest charged under Section 234-C were to be rectified. The levy of interest under Section 234D was upheld. The deduction under Section 35(1)(iv) was remanded for further verification. Book profit adjustments under Section 115JB were limited to 2% of dividend income. The Revenue's appeal for A.Y. 2003-04 was dismissed, and for A.Y. 2004-05, it was partly allowed for statistical purposes. en-us Wed, 31 Jul 2013 00:00:00 +0530 Tue, 13 Aug 2013 12:59:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236074 The Tribunal partly allowed the assessee's appeals for Assessment years 2002-03, 2003-04, and 2004-05. The disallowance under Section 14A was reduced to 2% of dividend income. Deductions under Sections 80IB and 80HHC were allowed for eligible items. Transfer pricing adjustments were to be reassessed using the Comparable Uncontrolled Price method. Calculation errors in interest charged under Section 234-C were to be rectified. The levy of interest under Section 234D was upheld. The deduction under Section 35(1)(iv) was remanded for further verification. Book profit adjustments under Section 115JB were limited to 2% of dividend income. The Revenue's appeal for A.Y. 2003-04 was dismissed, and for A.Y. 2004-05, it was partly allowed for statistical purposes. Case-Laws Income Tax Wed, 31 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236074