https://www.taxtmi.com/caselaws?id=282412 The Tribunal addressed various tax-related issues in the case, ruling in favor of the assessee on certain matters such as disallowance under Section 14A and deletion of additions for unutilized MODVAT credit and bad debt written-off. However, the Tribunal upheld the disallowance of non-compete fees paid to ex-directors and interest on advances to subsidiary companies. The judgment emphasized following legal precedents and statutory provisions for a balanced resolution of the disputes. en-us Tue, 28 Feb 2017 00:00:00 +0530 Wed, 07 Aug 2019 08:40:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282412 The Tribunal addressed various tax-related issues in the case, ruling in favor of the assessee on certain matters such as disallowance under Section 14A and deletion of additions for unutilized MODVAT credit and bad debt written-off. However, the Tribunal upheld the disallowance of non-compete fees paid to ex-directors and interest on advances to subsidiary companies. The judgment emphasized following legal precedents and statutory provisions for a balanced resolution of the disputes. Case-Laws Income Tax Tue, 28 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282412