https://www.taxtmi.com/caselaws?id=370526 The Tribunal allowed the appeal filed by the assessee and dismissed the appeal filed by the Revenue. The key takeaways are that the assessee was entitled to the deduction under Section 80G, the arm's length interest rate should be based on LIBOR, and disallowances under Sections 36(1)(va) and 14A were not justified. Additionally, adjustments to book profit under Section 115JB should adhere strictly to the items listed in the explanation to that section. en-us Fri, 16 Nov 2018 00:00:00 +0530 Mon, 19 Nov 2018 12:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370526 The Tribunal allowed the appeal filed by the assessee and dismissed the appeal filed by the Revenue. The key takeaways are that the assessee was entitled to the deduction under Section 80G, the arm's length interest rate should be based on LIBOR, and disallowances under Sections 36(1)(va) and 14A were not justified. Additionally, adjustments to book profit under Section 115JB should adhere strictly to the items listed in the explanation to that section. Case-Laws Income Tax Fri, 16 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370526