https://www.taxtmi.com/caselaws?id=247118 The Tribunal partly allowed the appeal, providing relief to the assessee by deleting additions for delayed remittance of Provident Fund Contributions and ESI Subscriptions, including foreign exchange fluctuation gains in eligible profits for deduction under S.10A, and deducting telephone and internet charges from total turnover for computing deductions under S.10A. However, the Tribunal upheld the disallowance of professional charges due to lack of evidence, addition of professional charges under S.40(a)(ia) for non-compliance with TDS provisions, and exclusion of interest income from eligible profits for deduction under S.10A. The Tribunal emphasized adherence to legal precedents and statutory provisions in its decision. en-us Wed, 05 Mar 2014 00:00:00 +0530 Fri, 02 May 2014 19:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247118 The Tribunal partly allowed the appeal, providing relief to the assessee by deleting additions for delayed remittance of Provident Fund Contributions and ESI Subscriptions, including foreign exchange fluctuation gains in eligible profits for deduction under S.10A, and deducting telephone and internet charges from total turnover for computing deductions under S.10A. However, the Tribunal upheld the disallowance of professional charges due to lack of evidence, addition of professional charges under S.40(a)(ia) for non-compliance with TDS provisions, and exclusion of interest income from eligible profits for deduction under S.10A. The Tribunal emphasized adherence to legal precedents and statutory provisions in its decision. Case-Laws Income Tax Wed, 05 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247118