https://www.taxtmi.com/caselaws?id=384368 The Tribunal partly allowed the appeals for AY 2011-12 and AY 2012-13, directing the Assessing Officer to restrict disallowance under section 14A to the exempt income earned, exclude certain expenditures for business purposes, and uphold the deletion of additions under section 41(1). The Tribunal also addressed challenges related to R&D expenses, interest expenditure allocation, gifts to doctors, and arm's length pricing, providing specific directions and reasoning for each issue based on legal precedents. en-us Wed, 31 Jul 2019 00:00:00 +0530 Fri, 09 Aug 2019 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384368 The Tribunal partly allowed the appeals for AY 2011-12 and AY 2012-13, directing the Assessing Officer to restrict disallowance under section 14A to the exempt income earned, exclude certain expenditures for business purposes, and uphold the deletion of additions under section 41(1). The Tribunal also addressed challenges related to R&D expenses, interest expenditure allocation, gifts to doctors, and arm's length pricing, providing specific directions and reasoning for each issue based on legal precedents. Case-Laws Income Tax Wed, 31 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384368