https://www.taxtmi.com/caselaws?id=279954 The Tribunal directed the deletion of various additions including interest on loans to associated enterprises, short-term business advances, and Optionally Fully Convertible Debentures. It allowed weighted deductions on certain expenses, disallowed expenses under specific sections, and treated foreign exchange gains as capital receipts. The Tribunal referred to its previous decisions and higher court rulings to provide detailed directions, emphasizing proper benchmarking and adherence to judicial precedents in resolving key tax issues under the Income Tax Act. en-us Thu, 27 Apr 2017 00:00:00 +0530 Sat, 13 Apr 2019 05:44:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279954 The Tribunal directed the deletion of various additions including interest on loans to associated enterprises, short-term business advances, and Optionally Fully Convertible Debentures. It allowed weighted deductions on certain expenses, disallowed expenses under specific sections, and treated foreign exchange gains as capital receipts. The Tribunal referred to its previous decisions and higher court rulings to provide detailed directions, emphasizing proper benchmarking and adherence to judicial precedents in resolving key tax issues under the Income Tax Act. Case-Laws Income Tax Thu, 27 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279954