https://www.taxtmi.com/caselaws?id=194730 The Tribunal allowed the appeal, overturning the disallowance under section 40(a)(ia) for reimbursement of expenses to the holding company as the expenses did not include any profit element. However, the Tribunal remanded the decision on the disallowance for training expenses paid to the holding company for further assessment to determine the taxability of the amounts paid to the trainers. en-us Wed, 06 Mar 2013 00:00:00 +0530 Fri, 10 Mar 2023 17:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194730 The Tribunal allowed the appeal, overturning the disallowance under section 40(a)(ia) for reimbursement of expenses to the holding company as the expenses did not include any profit element. However, the Tribunal remanded the decision on the disallowance for training expenses paid to the holding company for further assessment to determine the taxability of the amounts paid to the trainers. Case-Laws Income Tax Wed, 06 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194730