https://www.taxtmi.com/caselaws?id=178586 The High Court upheld the ITAT's decisions on both issues, regarding the treatment of non-refundable deposits as income and ALP adjustment on interest for inter-corporate deposits. The Court emphasized the reasonableness and consistency of the ITAT's rulings, finding no legal grounds for interference as the practices were aligned with accounting principles and previous assessments. The Court cited precedent to support its decision and concluded that no questions of law arose from the judgments. en-us Wed, 25 Feb 2015 00:00:00 +0530 Tue, 09 Feb 2016 10:28:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178586 The High Court upheld the ITAT's decisions on both issues, regarding the treatment of non-refundable deposits as income and ALP adjustment on interest for inter-corporate deposits. The Court emphasized the reasonableness and consistency of the ITAT's rulings, finding no legal grounds for interference as the practices were aligned with accounting principles and previous assessments. The Court cited precedent to support its decision and concluded that no questions of law arose from the judgments. Case-Laws Income Tax Wed, 25 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178586