https://www.taxtmi.com/caselaws?id=358752 The appeal was partly allowed. The Tribunal directed the Assessing Officer (AO)/Transfer Pricing Officer (TPO) to verify and compute adjustments related to the Arm's Length Price (ALP) for interest on loans to Associated Enterprises (AE), reversed the disallowance under Section 14A due to lack of recorded satisfaction, and excluded the disallowance under Section 14A from the computation of book profits under Section 115JB. The alternate plea regarding Section 10A was not addressed as it was contingent on the disallowance under Section 14A, which was reversed. en-us Thu, 12 Apr 2018 00:00:00 +0530 Tue, 17 Apr 2018 14:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358752 The appeal was partly allowed. The Tribunal directed the Assessing Officer (AO)/Transfer Pricing Officer (TPO) to verify and compute adjustments related to the Arm's Length Price (ALP) for interest on loans to Associated Enterprises (AE), reversed the disallowance under Section 14A due to lack of recorded satisfaction, and excluded the disallowance under Section 14A from the computation of book profits under Section 115JB. The alternate plea regarding Section 10A was not addressed as it was contingent on the disallowance under Section 14A, which was reversed. Case-Laws Income Tax Thu, 12 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358752