https://www.taxtmi.com/caselaws?id=348539 The High Court upheld the Income Tax Appellate Tribunal's decision to delete the transfer pricing adjustment on interest rates, allowed the weighted deduction for registration of foreign trade marks and patents, supported the reversal of the AO's decision on R&D expenses allocation for deduction under section 80IB, upheld the ITAT's deletion of disallowance of expenses for another entity, and referred the addition of provision for doubtful debts and advances back for fresh consideration. Additionally, the High Court analyzed the correctness of the ITAT's direction to consider the deduction under section 10B for book profit determination. en-us Tue, 19 Sep 2017 00:00:00 +0530 Sat, 23 Sep 2017 13:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348539 The High Court upheld the Income Tax Appellate Tribunal's decision to delete the transfer pricing adjustment on interest rates, allowed the weighted deduction for registration of foreign trade marks and patents, supported the reversal of the AO's decision on R&D expenses allocation for deduction under section 80IB, upheld the ITAT's deletion of disallowance of expenses for another entity, and referred the addition of provision for doubtful debts and advances back for fresh consideration. Additionally, the High Court analyzed the correctness of the ITAT's direction to consider the deduction under section 10B for book profit determination. Case-Laws Income Tax Tue, 19 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348539