https://www.taxtmi.com/caselaws?id=366668 The Tribunal partly allowed both the assessee's and the Revenue's appeals for statistical purposes. The issues regarding the disallowance of provision for Long Term Incentive Plan (LTIP) payments and the deletion of addition on account of penalty paid to the Department of Telecommunications (DoT) were remitted back to the Assessing Officer (AO) for proper adjudication. The Tribunal upheld the direction to allow Tax Deducted at Source (TDS) and advance tax credits and the deletion of addition on account of interest debited to the Profit & Loss Account on a proportionate basis. en-us Fri, 31 Aug 2018 00:00:00 +0530 Sat, 08 Sep 2018 08:08:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366668 The Tribunal partly allowed both the assessee's and the Revenue's appeals for statistical purposes. The issues regarding the disallowance of provision for Long Term Incentive Plan (LTIP) payments and the deletion of addition on account of penalty paid to the Department of Telecommunications (DoT) were remitted back to the Assessing Officer (AO) for proper adjudication. The Tribunal upheld the direction to allow Tax Deducted at Source (TDS) and advance tax credits and the deletion of addition on account of interest debited to the Profit & Loss Account on a proportionate basis. Case-Laws Income Tax Fri, 31 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366668