https://www.taxtmi.com/caselaws?id=252371 The Tribunal dismissed the revenue's appeal and partly allowed the assessee's appeal for statistical purposes. The decision focused on Transfer Pricing adjustments, directing the re-computation of arm's length price using specific comparables. It upheld the restriction of deduction under Section 10B based on director's remuneration allocation to the Export Oriented Unit. The treatment of building repair expenditure as capital was remanded for clarification, emphasizing the need for proper verification. Consequential relief was granted regarding the levy of interest under Sections 234B and 234C. en-us Fri, 04 Jul 2014 00:00:00 +0530 Tue, 17 Mar 2015 10:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252371 The Tribunal dismissed the revenue's appeal and partly allowed the assessee's appeal for statistical purposes. The decision focused on Transfer Pricing adjustments, directing the re-computation of arm's length price using specific comparables. It upheld the restriction of deduction under Section 10B based on director's remuneration allocation to the Export Oriented Unit. The treatment of building repair expenditure as capital was remanded for clarification, emphasizing the need for proper verification. Consequential relief was granted regarding the levy of interest under Sections 234B and 234C. Case-Laws Income Tax Fri, 04 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252371