https://www.taxtmi.com/caselaws?id=284165 The Tribunal confirmed the disallowance of the amount transferred to the Statutory Reserve, rejected the allowance of interest levied under section 234D, upheld re-verification of TDS credit, dismissed the addition of the transferred amount to statutory reserve fund for computing book profit, allowed the appeal regarding disallowance under section 14A read with Rule 8D, dismissed the disallowance of royalty payment, remitted the NPA provision issue for verification, dismissed the appeal on ESOP expenditure, upheld the disallowance of Foreman Dividend, and remitted the issue of disallowance under section 40(a)(ia) for further verification. en-us Fri, 29 Jan 2016 00:00:00 +0530 Tue, 05 Nov 2019 09:45:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284165 The Tribunal confirmed the disallowance of the amount transferred to the Statutory Reserve, rejected the allowance of interest levied under section 234D, upheld re-verification of TDS credit, dismissed the addition of the transferred amount to statutory reserve fund for computing book profit, allowed the appeal regarding disallowance under section 14A read with Rule 8D, dismissed the disallowance of royalty payment, remitted the NPA provision issue for verification, dismissed the appeal on ESOP expenditure, upheld the disallowance of Foreman Dividend, and remitted the issue of disallowance under section 40(a)(ia) for further verification. Case-Laws Income Tax Fri, 29 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284165