https://www.taxtmi.com/caselaws?id=240695 The Tribunal partly allowed the appeal, providing relief on various disallowances while upholding others based on precedent and detailed analysis of the facts and applicable law. Notably, disallowances related to depreciation and other expenses for the Kavesar factory were deleted, emphasizing the consideration of assets as a whole. The Tribunal directed the AO to allow the deduction under section 35D based on quantified eligible expenses from a previous year. Additionally, issues regarding disallowance under section 14A and transfer pricing adjustment on royalty payment were remanded for further assessment based on established legal principles. en-us Thu, 24 Jan 2013 00:00:00 +0530 Tue, 17 Jan 2017 11:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240695 The Tribunal partly allowed the appeal, providing relief on various disallowances while upholding others based on precedent and detailed analysis of the facts and applicable law. Notably, disallowances related to depreciation and other expenses for the Kavesar factory were deleted, emphasizing the consideration of assets as a whole. The Tribunal directed the AO to allow the deduction under section 35D based on quantified eligible expenses from a previous year. Additionally, issues regarding disallowance under section 14A and transfer pricing adjustment on royalty payment were remanded for further assessment based on established legal principles. Case-Laws Income Tax Thu, 24 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240695