https://www.taxtmi.com/caselaws?id=286791 The Tribunal ruled in favor of the assessee on various issues, directing the exclusion of certain incomes from taxable income and book profits, disallowing adjustments under Transfer Pricing provisions, and allowing specific deductions. The appeals were partly allowed for the assessee and dismissed for the Revenue. Key outcomes included the exclusion of income under the Tonnage Tax Scheme from Transfer Pricing adjustments, non-taxation of tax-free interest, and the allowance of deductions for Municipal Taxes and Society Charges. en-us Thu, 28 Feb 2019 00:00:00 +0530 Sun, 15 Mar 2020 09:36:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286791 The Tribunal ruled in favor of the assessee on various issues, directing the exclusion of certain incomes from taxable income and book profits, disallowing adjustments under Transfer Pricing provisions, and allowing specific deductions. The appeals were partly allowed for the assessee and dismissed for the Revenue. Key outcomes included the exclusion of income under the Tonnage Tax Scheme from Transfer Pricing adjustments, non-taxation of tax-free interest, and the allowance of deductions for Municipal Taxes and Society Charges. Case-Laws Income Tax Thu, 28 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286791