https://www.taxtmi.com/caselaws?id=257904 The Tribunal remitted various issues back to the AO for fresh adjudication, including the deletion of additions for extraordinary items and the disallowance of guarantee fees and premium on debt restructuring. The CIT(A)'s decisions were upheld on issues such as the disallowance of employees' PF contributions paid beyond the due date and the exclusion of provisions for gratuity for book profit computation. Additionally, the Tribunal upheld the disallowance under section 14A for interest expenditure attributable to exempt dividend income. The enhancement of book profit under section 115JB on account of disallowance made under section 14A was also confirmed by the Tribunal. en-us Fri, 13 Mar 2015 00:00:00 +0530 Wed, 25 Mar 2015 15:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257904 The Tribunal remitted various issues back to the AO for fresh adjudication, including the deletion of additions for extraordinary items and the disallowance of guarantee fees and premium on debt restructuring. The CIT(A)'s decisions were upheld on issues such as the disallowance of employees' PF contributions paid beyond the due date and the exclusion of provisions for gratuity for book profit computation. Additionally, the Tribunal upheld the disallowance under section 14A for interest expenditure attributable to exempt dividend income. The enhancement of book profit under section 115JB on account of disallowance made under section 14A was also confirmed by the Tribunal. Case-Laws Income Tax Fri, 13 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257904