https://www.taxtmi.com/caselaws?id=251286 The appeals for Assessment Years (AY) 2005-06 and 2008-09 were partially allowed, while the appeals for AY 2006-07 and 2007-08 were dismissed. The disallowance of expenses incurred by the Head Office for the Indian project in AY 2005-06 was remanded for verification. The disallowance under Section 40(a)(i) for non-compliance with Section 195 regarding machinery hire charges was upheld. However, the disallowance of legal expenses paid in Thailand for arbitration proceedings in AY 2008-09 was deemed invalid. The claim for deduction under Section 40(a)(iii) for AY 2008-09 was dismissed. en-us Fri, 04 Apr 2014 00:00:00 +0530 Wed, 10 Sep 2014 09:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251286 The appeals for Assessment Years (AY) 2005-06 and 2008-09 were partially allowed, while the appeals for AY 2006-07 and 2007-08 were dismissed. The disallowance of expenses incurred by the Head Office for the Indian project in AY 2005-06 was remanded for verification. The disallowance under Section 40(a)(i) for non-compliance with Section 195 regarding machinery hire charges was upheld. However, the disallowance of legal expenses paid in Thailand for arbitration proceedings in AY 2008-09 was deemed invalid. The claim for deduction under Section 40(a)(iii) for AY 2008-09 was dismissed. Case-Laws Income Tax Fri, 04 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251286