https://www.taxtmi.com/caselaws?id=277873 The Tribunal decided various issues in favor of the assessee, following its earlier decisions and relevant court rulings. Disallowance under section 43B was dismissed as infructuous. Exchange fluctuation loss was rejected as academic. Notional interest on securities was held taxable when sold. Interest from the Income Tax Department was to be taxed in the year of refund. Technical assistance fees were considered revenue expenditure. Deduction under section 80HHC was to be computed for the company as a whole. Various other expenses and deductions were also decided in favor of the assessee based on previous decisions and court rulings. en-us Wed, 22 Oct 2014 00:00:00 +0530 Thu, 28 Feb 2019 10:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277873 The Tribunal decided various issues in favor of the assessee, following its earlier decisions and relevant court rulings. Disallowance under section 43B was dismissed as infructuous. Exchange fluctuation loss was rejected as academic. Notional interest on securities was held taxable when sold. Interest from the Income Tax Department was to be taxed in the year of refund. Technical assistance fees were considered revenue expenditure. Deduction under section 80HHC was to be computed for the company as a whole. Various other expenses and deductions were also decided in favor of the assessee based on previous decisions and court rulings. Case-Laws Income Tax Wed, 22 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277873