https://www.taxtmi.com/caselaws?id=361685 The Tribunal allowed the assessee's appeals on various grounds, including the disallowance of deduction under section 10B, computation of deduction on an undertaking-wise basis, disallowance of deduction for unbilled revenue, disallowance of weighted deduction under section 35(2AB), disallowance of rental expenditure under section 40A(2)(b), disallowance of premium on redemption of FCCBs, expenses related to exempt income under section 14A, levy of interest under sections 234B and 234D, and transfer pricing adjustment under section 92CA. The Tribunal directed the AO to recompute deductions and disallowances in line with legal principles and previous decisions, emphasizing the importance of adherence to legal precedents. en-us Fri, 08 Jun 2018 00:00:00 +0530 Tue, 12 Jun 2018 08:47:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361685 The Tribunal allowed the assessee's appeals on various grounds, including the disallowance of deduction under section 10B, computation of deduction on an undertaking-wise basis, disallowance of deduction for unbilled revenue, disallowance of weighted deduction under section 35(2AB), disallowance of rental expenditure under section 40A(2)(b), disallowance of premium on redemption of FCCBs, expenses related to exempt income under section 14A, levy of interest under sections 234B and 234D, and transfer pricing adjustment under section 92CA. The Tribunal directed the AO to recompute deductions and disallowances in line with legal principles and previous decisions, emphasizing the importance of adherence to legal precedents. Case-Laws Income Tax Fri, 08 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361685