https://www.taxtmi.com/caselaws?id=294392 The Tribunal partly allowed the appeal, upholding the assessee's claims on corporate guarantee fees and disallowance under Section 14A. Several issues, including deductions under Section 10A(1A) for scrap sales and inter-unit transfers, additional claims during assessment proceedings, and computation of book profits under MAT, were remanded back to the AO for reconsideration and fresh adjudication. The Tribunal directed the AO to re-examine various claims and issues based on legal precedents and specific circumstances presented. en-us Mon, 24 Feb 2020 00:00:00 +0530 Fri, 09 Apr 2021 23:37:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294392 The Tribunal partly allowed the appeal, upholding the assessee's claims on corporate guarantee fees and disallowance under Section 14A. Several issues, including deductions under Section 10A(1A) for scrap sales and inter-unit transfers, additional claims during assessment proceedings, and computation of book profits under MAT, were remanded back to the AO for reconsideration and fresh adjudication. The Tribunal directed the AO to re-examine various claims and issues based on legal precedents and specific circumstances presented. Case-Laws Income Tax Mon, 24 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294392