https://www.taxtmi.com/caselaws?id=281386 The Tribunal ruled in favor of the assessee, allowing the deduction under section 10AA as the company provided research and development services and met SEZ Act requirements. Disallowance under section 40(a)(ia) for payments to non-resident parties was overturned, as the services did not provide technical knowledge. The disallowance under section 14A was rejected due to the absence of a direct link between expenses and exempt income. The revenue's appeals were dismissed, and those of the assessee were upheld. en-us Mon, 18 Dec 2017 00:00:00 +0530 Mon, 17 Jun 2019 21:52:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281386 The Tribunal ruled in favor of the assessee, allowing the deduction under section 10AA as the company provided research and development services and met SEZ Act requirements. Disallowance under section 40(a)(ia) for payments to non-resident parties was overturned, as the services did not provide technical knowledge. The disallowance under section 14A was rejected due to the absence of a direct link between expenses and exempt income. The revenue's appeals were dismissed, and those of the assessee were upheld. Case-Laws Income Tax Mon, 18 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281386