https://www.taxtmi.com/caselaws?id=341743 The appeal challenged the addition of reimbursement of expenses to an associated enterprise and disallowance under section 14A. The tribunal upheld the disallowance under section 40(a)(i) for the current year but directed examination of the deduction in the subsequent year. The controversy over determining the arm's length price was not adjudicated as it did not affect the assessed income. Regarding the disallowance under section 14A, the matter was remanded for reevaluation, and the appellant succeeded for statistical purposes. The appeal was allowed with directions for reevaluation of disallowances in subsequent years. en-us Fri, 10 Feb 2017 00:00:00 +0530 Sun, 16 Apr 2017 07:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341743 The appeal challenged the addition of reimbursement of expenses to an associated enterprise and disallowance under section 14A. The tribunal upheld the disallowance under section 40(a)(i) for the current year but directed examination of the deduction in the subsequent year. The controversy over determining the arm's length price was not adjudicated as it did not affect the assessed income. Regarding the disallowance under section 14A, the matter was remanded for reevaluation, and the appellant succeeded for statistical purposes. The appeal was allowed with directions for reevaluation of disallowances in subsequent years. Case-Laws Income Tax Fri, 10 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341743