https://www.taxtmi.com/caselaws?id=268998 The Tribunal partly allowed the appeal, directing specific actions on various issues. Notably, the enhancement of disallowance under section 14A was reduced to Rs. 9,98,374, disallowance of professional fees for copyright registration was treated as capital expenditure with depreciation allowed, disallowance of contributions to welfare funds was upheld, and various payments were allowed as business expenditures. The Tribunal also addressed issues related to R&D expenses, unutilized CENVAT credit, interest waived by banks, transfer pricing adjustments, tax treatment of capital gains, book profit adjustments, and deductions under sections 80HHC and 115JB, providing detailed directions for each matter. en-us Tue, 13 Oct 2015 00:00:00 +0530 Thu, 03 Dec 2015 21:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268998 The Tribunal partly allowed the appeal, directing specific actions on various issues. Notably, the enhancement of disallowance under section 14A was reduced to Rs. 9,98,374, disallowance of professional fees for copyright registration was treated as capital expenditure with depreciation allowed, disallowance of contributions to welfare funds was upheld, and various payments were allowed as business expenditures. The Tribunal also addressed issues related to R&D expenses, unutilized CENVAT credit, interest waived by banks, transfer pricing adjustments, tax treatment of capital gains, book profit adjustments, and deductions under sections 80HHC and 115JB, providing detailed directions for each matter. Case-Laws Income Tax Tue, 13 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268998