https://www.taxtmi.com/caselaws?id=258376 The Tribunal upheld the exclusion of interest income from business profits for S.80HHC deduction, allowed the deduction under S.80HHC without reducing S.80IB profits, and confirmed the disallowance of commission payments due to lack of evidence. The assessee's appeal was partly allowed, specifically on the issue of TP adjustment for export transactions, which was remanded for fresh computation. The Revenue's appeal was dismissed as infructuous following the Tribunal's directions on the main TP adjustment issue. en-us Fri, 27 Mar 2015 00:00:00 +0530 Sun, 03 May 2015 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258376 The Tribunal upheld the exclusion of interest income from business profits for S.80HHC deduction, allowed the deduction under S.80HHC without reducing S.80IB profits, and confirmed the disallowance of commission payments due to lack of evidence. The assessee's appeal was partly allowed, specifically on the issue of TP adjustment for export transactions, which was remanded for fresh computation. The Revenue's appeal was dismissed as infructuous following the Tribunal's directions on the main TP adjustment issue. Case-Laws Income Tax Fri, 27 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258376