https://www.taxtmi.com/caselaws?id=376666 The Tribunal allowed the assessee's appeals and dismissed the Revenue's cross-appeals. The Tribunal upheld the CIT(A)'s decisions on various issues, including disallowance under Section 14A for MAT computation, disallowance of direct expenses related to exempt income, proportionate interest disallowance, administrative expenses disallowance, treatment of sales tax subsidy and industrial promotion assistance, transfer pricing adjustments for arm's length interest rate and corporate guarantees, and specified domestic transactions. The Tribunal's rulings were based on judicial precedents and earlier decisions in the assessee's case. en-us Thu, 28 Feb 2019 00:00:00 +0530 Wed, 13 Mar 2019 11:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376666 The Tribunal allowed the assessee's appeals and dismissed the Revenue's cross-appeals. The Tribunal upheld the CIT(A)'s decisions on various issues, including disallowance under Section 14A for MAT computation, disallowance of direct expenses related to exempt income, proportionate interest disallowance, administrative expenses disallowance, treatment of sales tax subsidy and industrial promotion assistance, transfer pricing adjustments for arm's length interest rate and corporate guarantees, and specified domestic transactions. The Tribunal's rulings were based on judicial precedents and earlier decisions in the assessee's case. Case-Laws Income Tax Thu, 28 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376666