https://www.taxtmi.com/caselaws?id=255768 The Tribunal directed a fair apportionment of indirect costs for deduction under S.80IB(10), reallocating managerial commission based on sales, disallowing interest on advances to subsidiaries, and remanding matters for fresh verification on alleged extra consideration for land sale and hedging loss claim. The Tribunal partly allowed the assessee's appeal for 2006-07, cross appeals for 2007-08, and partly allowed the revenue's appeal for 2008-09, while allowing the revenue's appeal for 2009-10 for statistical purposes. en-us Tue, 20 Jan 2015 00:00:00 +0530 Sun, 25 Jan 2015 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255768 The Tribunal directed a fair apportionment of indirect costs for deduction under S.80IB(10), reallocating managerial commission based on sales, disallowing interest on advances to subsidiaries, and remanding matters for fresh verification on alleged extra consideration for land sale and hedging loss claim. The Tribunal partly allowed the assessee's appeal for 2006-07, cross appeals for 2007-08, and partly allowed the revenue's appeal for 2008-09, while allowing the revenue's appeal for 2009-10 for statistical purposes. Case-Laws Income Tax Tue, 20 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255768