https://www.taxtmi.com/caselaws?id=394107 The Tribunal held that the Commissioner (Appeals) exceeded the limited scope of remand by allowing deduction under section 10B when the earlier appellate direction was confined to verification of the alternative claim under section 10A. Since deduction under section 10B had already been negatived, that issue was not open for reconsideration. The Tribunal also noted that, because the addition arose from a transfer pricing adjustment under section 92CA(3), the resulting income was not eligible for deduction under sections 10A or 10B in view of section 92CA(4). The order granting relief was reversed and the Revenue's appeal succeeded. en-us Wed, 01 Jan 2020 00:00:00 +0530 Wed, 06 Nov 2024 12:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394107 The Tribunal held that the Commissioner (Appeals) exceeded the limited scope of remand by allowing deduction under section 10B when the earlier appellate direction was confined to verification of the alternative claim under section 10A. Since deduction under section 10B had already been negatived, that issue was not open for reconsideration. The Tribunal also noted that, because the addition arose from a transfer pricing adjustment under section 92CA(3), the resulting income was not eligible for deduction under sections 10A or 10B in view of section 92CA(4). The order granting relief was reversed and the Revenue's appeal succeeded. Case-Laws Income Tax Wed, 01 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394107