https://www.taxtmi.com/caselaws?id=378917 The Tribunal remanded various issues back to the Assessing Officer for further verification and consideration. The Tribunal directed the AO to examine if interest income from fixed deposits was linked to business activities for deduction under Section 10A. It instructed verification of records to reconcile interest income with TDS certificates. The AO was directed to verify realization of unbilled revenue and sundry debtors for Section 10A deduction. The Tribunal deleted disallowance under Section 40A(2)(b) for alleged excessive payments. It remanded the issue of bonus provision for verification and addressed transfer pricing adjustments, including exclusions and inclusions of comparables. en-us Fri, 03 Aug 2018 00:00:00 +0530 Tue, 23 Apr 2019 18:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378917 The Tribunal remanded various issues back to the Assessing Officer for further verification and consideration. The Tribunal directed the AO to examine if interest income from fixed deposits was linked to business activities for deduction under Section 10A. It instructed verification of records to reconcile interest income with TDS certificates. The AO was directed to verify realization of unbilled revenue and sundry debtors for Section 10A deduction. The Tribunal deleted disallowance under Section 40A(2)(b) for alleged excessive payments. It remanded the issue of bonus provision for verification and addressed transfer pricing adjustments, including exclusions and inclusions of comparables. Case-Laws Income Tax Fri, 03 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378917