https://www.taxtmi.com/caselaws?id=265539 The Tribunal partly allowed the appeal, directing the Assessing Officer to re-evaluate certain claims. The exclusion of patent infringement income from export turnover for deduction under section 10B was upheld. However, the allocation of common corporate overheads based on cost accounting principles was accepted, leading to an increase in eligible profits. The disallowance of Employee Stock Option Plan (ESOP) expenditure was remitted for fresh consideration in line with a Special Bench decision. Claims for R&D expenditure were not pressed due to relief granted under section 154. The disallowance of superannuation contribution was overturned as it was found to be allowable under section 37. en-us Wed, 26 Aug 2015 00:00:00 +0530 Tue, 13 Oct 2015 09:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265539 The Tribunal partly allowed the appeal, directing the Assessing Officer to re-evaluate certain claims. The exclusion of patent infringement income from export turnover for deduction under section 10B was upheld. However, the allocation of common corporate overheads based on cost accounting principles was accepted, leading to an increase in eligible profits. The disallowance of Employee Stock Option Plan (ESOP) expenditure was remitted for fresh consideration in line with a Special Bench decision. Claims for R&D expenditure were not pressed due to relief granted under section 154. The disallowance of superannuation contribution was overturned as it was found to be allowable under section 37. Case-Laws Income Tax Wed, 26 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265539