https://www.taxtmi.com/caselaws?id=354049 The Tribunal addressed various tax issues in the case, including disallowance under Section 80-IA for transfer price adjustment, disallowance of education cess, disallowance of profit on sale of assets for book profit computation under Section 115JB, and treatment of subsidies as capital receipts. The Tribunal upheld the CIT(A)'s decision on most issues, remanding one issue back to the AO for fresh examination. The Tribunal emphasized the assessee's discretion in determining market values and affirmed the capital nature of certain receipts, in line with previous decisions and legal provisions. en-us Thu, 28 Dec 2017 00:00:00 +0530 Wed, 17 Jan 2018 11:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354049 The Tribunal addressed various tax issues in the case, including disallowance under Section 80-IA for transfer price adjustment, disallowance of education cess, disallowance of profit on sale of assets for book profit computation under Section 115JB, and treatment of subsidies as capital receipts. The Tribunal upheld the CIT(A)'s decision on most issues, remanding one issue back to the AO for fresh examination. The Tribunal emphasized the assessee's discretion in determining market values and affirmed the capital nature of certain receipts, in line with previous decisions and legal provisions. Case-Laws Income Tax Thu, 28 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354049