https://www.taxtmi.com/caselaws?id=378985 The Tribunal partly allowed the assessee's appeal, providing relief on disallowances related to gifts and sales promotions, section 14A disallowance, and determining the arm's length price for corporate guarantees. Additionally, deductions on the full turnover of scrap sales were directed to be allowed. The Revenue's appeal contesting deductions on scrap sales was dismissed. en-us Tue, 16 Apr 2019 00:00:00 +0530 Thu, 25 Apr 2019 06:30:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378985 The Tribunal partly allowed the assessee's appeal, providing relief on disallowances related to gifts and sales promotions, section 14A disallowance, and determining the arm's length price for corporate guarantees. Additionally, deductions on the full turnover of scrap sales were directed to be allowed. The Revenue's appeal contesting deductions on scrap sales was dismissed. Case-Laws Income Tax Tue, 16 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378985