https://www.taxtmi.com/caselaws?id=269210 The Tribunal partially allowed the assessee's appeal and dismissed the Revenue's appeal. The Tribunal directed the Assessing Officer to re-examine certain issues in light of established precedents and factual verifications. Key issues included allocation of interest and administrative expenditure, application of Section 14A and Rule 8D, reallocation of overheads for deduction under Sections 80IB/80IC, depreciation rate on computer peripherals, determination of arm's length price for related party transactions, disallowance of reimbursement of advertisement expenses, guarantee commission for a subsidiary, and computation of book profits concerning the provision for diminution in value of investments. The Tribunal upheld the assessee's contentions on various issues and directed a reassessment by the Assessing Officer. en-us Wed, 18 Nov 2015 00:00:00 +0530 Thu, 10 Dec 2015 08:25:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269210 The Tribunal partially allowed the assessee's appeal and dismissed the Revenue's appeal. The Tribunal directed the Assessing Officer to re-examine certain issues in light of established precedents and factual verifications. Key issues included allocation of interest and administrative expenditure, application of Section 14A and Rule 8D, reallocation of overheads for deduction under Sections 80IB/80IC, depreciation rate on computer peripherals, determination of arm's length price for related party transactions, disallowance of reimbursement of advertisement expenses, guarantee commission for a subsidiary, and computation of book profits concerning the provision for diminution in value of investments. The Tribunal upheld the assessee's contentions on various issues and directed a reassessment by the Assessing Officer. Case-Laws Income Tax Wed, 18 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269210