https://www.taxtmi.com/caselaws?id=251584 The Tribunal upheld the denial of deduction under Section 10B for interest income, classified the interest income as "Income from Other Sources," modified the Arm's Length Price determination for interest on loans to Associated Enterprises, directed consideration of tolerance band application for transfer pricing adjustments, declined to entertain the issue of restricted deduction for donations under Section 80G, and directed re-computation of interest levied under Sections 234B and 234C. The appeal by the assessee was partly allowed, the Revenue's appeal was dismissed, and the cross objections were also dismissed. en-us Wed, 03 Sep 2014 00:00:00 +0530 Fri, 19 Sep 2014 08:17:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251584 The Tribunal upheld the denial of deduction under Section 10B for interest income, classified the interest income as "Income from Other Sources," modified the Arm's Length Price determination for interest on loans to Associated Enterprises, directed consideration of tolerance band application for transfer pricing adjustments, declined to entertain the issue of restricted deduction for donations under Section 80G, and directed re-computation of interest levied under Sections 234B and 234C. The appeal by the assessee was partly allowed, the Revenue's appeal was dismissed, and the cross objections were also dismissed. Case-Laws Income Tax Wed, 03 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251584