https://www.taxtmi.com/caselaws?id=179394 The Tribunal partly allowed the appeals of the appellant by confirming the rejection of the claim for deduction under Section 80 HHC on DFRC income. The Tribunal directed the Assessing Officer to reconsider the alternate claim regarding the DFRC licenses and to recalculate the interest. Additionally, the Tribunal instructed the AO to reconsider the adjustment of royalty payment as per the Arm's Length Price, restoring the matter for further verification in accordance with the law. en-us Fri, 08 Apr 2011 00:00:00 +0530 Mon, 29 Feb 2016 11:39:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179394 The Tribunal partly allowed the appeals of the appellant by confirming the rejection of the claim for deduction under Section 80 HHC on DFRC income. The Tribunal directed the Assessing Officer to reconsider the alternate claim regarding the DFRC licenses and to recalculate the interest. Additionally, the Tribunal instructed the AO to reconsider the adjustment of royalty payment as per the Arm's Length Price, restoring the matter for further verification in accordance with the law. Case-Laws Income Tax Fri, 08 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179394