https://www.taxtmi.com/caselaws?id=178788 The Tribunal remitted several issues back to the Assessing Officer (AO) for re-examination, including the disallowance of software expenditure as capital expenditure, addition to closing stock value due to MODVAT, disallowance of advertisement and marketing fees paid in foreign currency, and amortization of leasehold land premium. The Tribunal upheld decisions regarding interest capitalized as revenue expenditure, loss incurred by a unit under section 10B, exclusion of excise duty from total turnover for deduction under section 80HHC, and exclusion of 90% of certain incomes under Explanation (baa) to section 80HHC, following relevant case law. en-us Fri, 09 Nov 2012 00:00:00 +0530 Wed, 24 Jan 2018 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178788 The Tribunal remitted several issues back to the Assessing Officer (AO) for re-examination, including the disallowance of software expenditure as capital expenditure, addition to closing stock value due to MODVAT, disallowance of advertisement and marketing fees paid in foreign currency, and amortization of leasehold land premium. The Tribunal upheld decisions regarding interest capitalized as revenue expenditure, loss incurred by a unit under section 10B, exclusion of excise duty from total turnover for deduction under section 80HHC, and exclusion of 90% of certain incomes under Explanation (baa) to section 80HHC, following relevant case law. Case-Laws Income Tax Fri, 09 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178788