https://www.taxtmi.com/caselaws?id=259524 The appellant's appeal was partly allowed, with specific issues remanded back to the Assessing Officer/TPO for fresh adjudication following earlier Tribunal orders. The Tribunal upheld internal benchmarking for determining the Arm's Length Price and treated notice period pay as income derived from the eligible undertaking for Section 10A deduction. The Tribunal directed the AO to determine interest expenses based on borrowing and asset use dates and allowed interest deduction accordingly. The general ground against levying interest under Section 234B and Section 234C was not specifically addressed by the Tribunal. en-us Fri, 17 Apr 2015 00:00:00 +0530 Wed, 13 May 2015 06:10:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259524 The appellant's appeal was partly allowed, with specific issues remanded back to the Assessing Officer/TPO for fresh adjudication following earlier Tribunal orders. The Tribunal upheld internal benchmarking for determining the Arm's Length Price and treated notice period pay as income derived from the eligible undertaking for Section 10A deduction. The Tribunal directed the AO to determine interest expenses based on borrowing and asset use dates and allowed interest deduction accordingly. The general ground against levying interest under Section 234B and Section 234C was not specifically addressed by the Tribunal. Case-Laws Income Tax Fri, 17 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259524