https://www.taxtmi.com/caselaws?id=276566 The tribunal partially allowed the appeal, directing the Assessing Officer to reevaluate disallowances and adjustments in accordance with relevant judicial precedents and decisions from earlier years. The tribunal found in favor of the assessee on various issues such as disallowance under Section 43B, expenditure under Section 14A, club membership fees, royalty payments, sales tax subsidy, depreciation on software expenses, foreseen price increase, excise duty expenditure, and computation of interest. The matter was remanded back for fresh adjudication on certain transfer pricing adjustments and credit of TDS certificates. en-us Fri, 20 May 2016 00:00:00 +0530 Wed, 14 Nov 2018 07:05:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276566 The tribunal partially allowed the appeal, directing the Assessing Officer to reevaluate disallowances and adjustments in accordance with relevant judicial precedents and decisions from earlier years. The tribunal found in favor of the assessee on various issues such as disallowance under Section 43B, expenditure under Section 14A, club membership fees, royalty payments, sales tax subsidy, depreciation on software expenses, foreseen price increase, excise duty expenditure, and computation of interest. The matter was remanded back for fresh adjudication on certain transfer pricing adjustments and credit of TDS certificates. Case-Laws Income Tax Fri, 20 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276566