https://www.taxtmi.com/caselaws?id=387954 The appeal was partly allowed, with issues remanded back to the AO for fresh adjudication. The Tribunal found in favor of the assessee on the disallowance of expenses under Section 10A and adjustments under Section 115JB. Additionally, the exclusion of exchange fluctuation gain and the charging of interest under Section 234B were also decided in favor of the assessee. The Tribunal emphasized the importance of providing the assessee with a fair opportunity for a hearing and ensuring compliance with legal principles and precedents. en-us Wed, 30 Oct 2019 00:00:00 +0530 Tue, 05 Nov 2019 15:45:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387954 The appeal was partly allowed, with issues remanded back to the AO for fresh adjudication. The Tribunal found in favor of the assessee on the disallowance of expenses under Section 10A and adjustments under Section 115JB. Additionally, the exclusion of exchange fluctuation gain and the charging of interest under Section 234B were also decided in favor of the assessee. The Tribunal emphasized the importance of providing the assessee with a fair opportunity for a hearing and ensuring compliance with legal principles and precedents. Case-Laws Income Tax Wed, 30 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387954