https://www.taxtmi.com/caselaws?id=236114 The Tribunal partially allowed both appeals, remitting various issues to the AO and DRP for reevaluation based on judicial precedents. The Tribunal directed the AO to reconsider matters such as set off of losses, warranty expenses, reversal of provisions, software expenses, assets and advances written off, and bad debts. It upheld the claim for loss due to floods and directed a fresh examination on disallowances under sections 40A and 115JB. The Tribunal did not adjudicate on the charging of interest under section 234B and remitted transfer pricing adjustments back to the DRP for a detailed decision. en-us Thu, 08 Aug 2013 00:00:00 +0530 Tue, 31 Mar 2015 17:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236114 The Tribunal partially allowed both appeals, remitting various issues to the AO and DRP for reevaluation based on judicial precedents. The Tribunal directed the AO to reconsider matters such as set off of losses, warranty expenses, reversal of provisions, software expenses, assets and advances written off, and bad debts. It upheld the claim for loss due to floods and directed a fresh examination on disallowances under sections 40A and 115JB. The Tribunal did not adjudicate on the charging of interest under section 234B and remitted transfer pricing adjustments back to the DRP for a detailed decision. Case-Laws Income Tax Thu, 08 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236114