https://www.taxtmi.com/caselaws?id=183020 The Tribunal partly allowed the appeals, remanding several issues for fresh consideration by the AO. The decisions were based on a detailed analysis of case law and statutory provisions. Key outcomes included upholding capital expenditure treatment for consultancy fees, software expenses remanded for further assessment, revaluation reserve treatment in book profit computation upheld, and sales-tax subsidy classification for further determination. Additionally, provisions for doubtful debts and diminution in investments were not added back to book profit, deduction under Section 80HHC computed based on book profits was allowed, and interest levy under Sections 234B and 234C was set aside for reassessment. en-us Fri, 16 Jan 2009 00:00:00 +0530 Thu, 26 May 2016 11:58:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183020 The Tribunal partly allowed the appeals, remanding several issues for fresh consideration by the AO. The decisions were based on a detailed analysis of case law and statutory provisions. Key outcomes included upholding capital expenditure treatment for consultancy fees, software expenses remanded for further assessment, revaluation reserve treatment in book profit computation upheld, and sales-tax subsidy classification for further determination. Additionally, provisions for doubtful debts and diminution in investments were not added back to book profit, deduction under Section 80HHC computed based on book profits was allowed, and interest levy under Sections 234B and 234C was set aside for reassessment. Case-Laws Income Tax Fri, 16 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183020