https://www.taxtmi.com/caselaws?id=404673 The Tribunal partly allowed both appeals for statistical purposes, directing the AO/TPO to follow specific directions for fresh determination of certain issues. The claims for education cess, depreciation on premises and software expenditures were allowed based on precedents. The adjustment to international transactions was remitted back for reconsideration. The ad-hoc disallowance of miscellaneous expenses was dismissed, and the disallowance under Section 14A was partly sustained. The Tribunal applied the same decisions for AY 2011-12 as in AY 2010-11, allowing the appeals partly for statistical purposes. en-us Mon, 25 Jan 2021 00:00:00 +0530 Mon, 01 Mar 2021 10:22:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404673 The Tribunal partly allowed both appeals for statistical purposes, directing the AO/TPO to follow specific directions for fresh determination of certain issues. The claims for education cess, depreciation on premises and software expenditures were allowed based on precedents. The adjustment to international transactions was remitted back for reconsideration. The ad-hoc disallowance of miscellaneous expenses was dismissed, and the disallowance under Section 14A was partly sustained. The Tribunal applied the same decisions for AY 2011-12 as in AY 2010-11, allowing the appeals partly for statistical purposes. Case-Laws Income Tax Mon, 25 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404673