https://www.taxtmi.com/caselaws?id=174336 The Tribunal ruled in favor of the assessee on various issues including the exclusion of foreign currency and telecommunication expenditure from export turnover under Section 10A, set-off of losses of eligible units, inclusion of net exchange gain from EEFC account in profits eligible for deduction, provision for liabilities, disallowance of expenditure by SEZ units not in operation, addition by Transfer Pricing Officer, disallowance of recruitment expenditure mark-up, and disallowance under Section 40(a)(i) for payments to non-residents. The appeals for assessment years 2005-06 and 2007-08 were partly allowed, while the Revenue's appeal for 2005-06 was dismissed. en-us Wed, 23 Jan 2013 00:00:00 +0530 Thu, 08 Jun 2017 15:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174336 The Tribunal ruled in favor of the assessee on various issues including the exclusion of foreign currency and telecommunication expenditure from export turnover under Section 10A, set-off of losses of eligible units, inclusion of net exchange gain from EEFC account in profits eligible for deduction, provision for liabilities, disallowance of expenditure by SEZ units not in operation, addition by Transfer Pricing Officer, disallowance of recruitment expenditure mark-up, and disallowance under Section 40(a)(i) for payments to non-residents. The appeals for assessment years 2005-06 and 2007-08 were partly allowed, while the Revenue's appeal for 2005-06 was dismissed. Case-Laws Income Tax Wed, 23 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174336