https://www.taxtmi.com/caselaws?id=192623 The Delhi High Court addressed transfer pricing adjustments, disallowances under Section 14A of the Act, and disallowances under Section 40(a)(i) of the Act for the Assessment Year 2010-11. The court upheld the ITAT's decision on the transfer pricing adjustment issue, refused to reconsider disallowance under Section 14A based on a circular, and framed a question regarding disallowances under Section 40(a)(i) for further consideration. The court emphasized adherence to legal precedents and declined to override previous decisions based on circulars. en-us Wed, 10 Feb 2016 00:00:00 +0530 Thu, 08 Jun 2017 05:56:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192623 The Delhi High Court addressed transfer pricing adjustments, disallowances under Section 14A of the Act, and disallowances under Section 40(a)(i) of the Act for the Assessment Year 2010-11. The court upheld the ITAT's decision on the transfer pricing adjustment issue, refused to reconsider disallowance under Section 14A based on a circular, and framed a question regarding disallowances under Section 40(a)(i) for further consideration. The court emphasized adherence to legal precedents and declined to override previous decisions based on circulars. Case-Laws Income Tax Wed, 10 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192623