https://www.taxtmi.com/caselaws?id=338169 The Tribunal allowed the assessee's appeals, directing adjustments to deductions based on Gross Total Income (GTI), restricting administrative expense disallowance under section 14A, re-examining ESOP expenses per Special Bench guidelines, allowing deductions on scrap sale receipts, and adding disallowed amounts under section 14A to book profits under section 115JB. The revenue's appeals were partly allowed, with instructions to adhere to the Special Bench's directives for ESOP expenses. en-us Fri, 20 Jan 2017 00:00:00 +0530 Fri, 27 Jan 2017 08:59:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338169 The Tribunal allowed the assessee's appeals, directing adjustments to deductions based on Gross Total Income (GTI), restricting administrative expense disallowance under section 14A, re-examining ESOP expenses per Special Bench guidelines, allowing deductions on scrap sale receipts, and adding disallowed amounts under section 14A to book profits under section 115JB. The revenue's appeals were partly allowed, with instructions to adhere to the Special Bench's directives for ESOP expenses. Case-Laws Income Tax Fri, 20 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338169