https://www.taxtmi.com/caselaws?id=337242 The Tribunal dismissed the Revenue's appeals on deduction under Section 10A and Transfer Pricing adjustments. The assessee withdrew cross-objections and appeals related to Transfer Pricing following a resolution under the Mutual Agreement Procedure. The Tribunal directed the AO to recalculate interest under Section 234B due to the restoration of the Transfer Pricing issue. The AO was instructed to verify donation receipts and approval for deduction under Section 80G. The Tribunal upheld the levy of interest under Sections 234B, 234C, and 234D as mandatory and consequential, and dismissed the assessee's penalty appeal under Section 271(1)(c) as premature. en-us Wed, 28 Dec 2016 00:00:00 +0530 Thu, 05 Jan 2017 09:13:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337242 The Tribunal dismissed the Revenue's appeals on deduction under Section 10A and Transfer Pricing adjustments. The assessee withdrew cross-objections and appeals related to Transfer Pricing following a resolution under the Mutual Agreement Procedure. The Tribunal directed the AO to recalculate interest under Section 234B due to the restoration of the Transfer Pricing issue. The AO was instructed to verify donation receipts and approval for deduction under Section 80G. The Tribunal upheld the levy of interest under Sections 234B, 234C, and 234D as mandatory and consequential, and dismissed the assessee's penalty appeal under Section 271(1)(c) as premature. Case-Laws Income Tax Wed, 28 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337242