https://www.taxtmi.com/caselaws?id=328927 The Tribunal partially allowed the appeal, directing the deletion of various disallowances and adjustments, remitting certain issues for fresh adjudication, and granting consequential relief for the levy of interest under sections 234B and 234C. Key outcomes included the deletion of adjustments related to interest on loans to Associated Enterprise and Corporate Guarantee, disallowances under section 14A, expenses incurred on DRUPA exhibition, reimbursement of subsidiary expenses, and foreign currency transaction loss. Additionally, the Tribunal clarified the levy of interest under sections 234B and 234C in line with previous decisions. en-us Wed, 13 Apr 2016 00:00:00 +0530 Sat, 18 Jun 2016 08:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328927 The Tribunal partially allowed the appeal, directing the deletion of various disallowances and adjustments, remitting certain issues for fresh adjudication, and granting consequential relief for the levy of interest under sections 234B and 234C. Key outcomes included the deletion of adjustments related to interest on loans to Associated Enterprise and Corporate Guarantee, disallowances under section 14A, expenses incurred on DRUPA exhibition, reimbursement of subsidiary expenses, and foreign currency transaction loss. Additionally, the Tribunal clarified the levy of interest under sections 234B and 234C in line with previous decisions. Case-Laws Income Tax Wed, 13 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328927