https://www.taxtmi.com/caselaws?id=255638 The Tribunal ruled in favor of the assessee on the Transfer Pricing Adjustment issue, directing the Assessing Officer to accept the EURIBOR rate for the loan interest adjustment. However, the Tribunal upheld the Assessing Officer's decision regarding the Treatment of Consideration Received on Transfer of Know-How, Disallowance of Superannuation Contribution, and Taxation of Employee Stock Option Scheme Expenses as business income. The Tribunal also supported the assessee on the Reduction of Interest Granted under Section 244A and Apportionment of Common Corporate Overhead Expenses issues. However, it upheld the disallowance of Weighted Deduction under Section 35(2AB) and directed the computation of Book Profit under Section 115JB based on book profit calculations. en-us Fri, 16 Jan 2015 00:00:00 +0530 Thu, 22 Jan 2015 07:10:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255638 The Tribunal ruled in favor of the assessee on the Transfer Pricing Adjustment issue, directing the Assessing Officer to accept the EURIBOR rate for the loan interest adjustment. However, the Tribunal upheld the Assessing Officer's decision regarding the Treatment of Consideration Received on Transfer of Know-How, Disallowance of Superannuation Contribution, and Taxation of Employee Stock Option Scheme Expenses as business income. The Tribunal also supported the assessee on the Reduction of Interest Granted under Section 244A and Apportionment of Common Corporate Overhead Expenses issues. However, it upheld the disallowance of Weighted Deduction under Section 35(2AB) and directed the computation of Book Profit under Section 115JB based on book profit calculations. Case-Laws Income Tax Fri, 16 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255638