https://www.taxtmi.com/caselaws?id=239344 The Tribunal partly allowed the appeal, deleting adjustments and disallowances where appropriate. The adjustment to international transactions was deleted as the price discrepancy was unfounded. However, the disallowance of depreciation claim was upheld due to improper categorization. Disallowances for non-deduction of tax on royalty payment and payment to International Finance Corporation were upheld. The disallowance of a claim under Section 80G was overturned, allowing the deduction for a donation. The issue of credit for TDS was remitted back for reconsideration by the Assessing Officer. en-us Thu, 02 May 2013 00:00:00 +0530 Mon, 13 Apr 2026 14:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239344 The Tribunal partly allowed the appeal, deleting adjustments and disallowances where appropriate. The adjustment to international transactions was deleted as the price discrepancy was unfounded. However, the disallowance of depreciation claim was upheld due to improper categorization. Disallowances for non-deduction of tax on royalty payment and payment to International Finance Corporation were upheld. The disallowance of a claim under Section 80G was overturned, allowing the deduction for a donation. The issue of credit for TDS was remitted back for reconsideration by the Assessing Officer. Case-Laws Income Tax Thu, 02 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239344