https://www.taxtmi.com/caselaws?id=295019 The tribunal partially allowed the appeal, directing the Assessing Officer to exclude the amount already taxed in the previous year for the capital gain on the sale of property. It also restricted the disallowance under section 14A to 2% of the dividend income earned during the year. Additionally, the tribunal allowed royalty on domestic sales but limited royalty on export sales to 1%, based on calculations provided by the assessee and emphasizing the applicability of Transfer Pricing Provisions. en-us Wed, 22 Jan 2014 00:00:00 +0530 Sun, 16 May 2021 11:50:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295019 The tribunal partially allowed the appeal, directing the Assessing Officer to exclude the amount already taxed in the previous year for the capital gain on the sale of property. It also restricted the disallowance under section 14A to 2% of the dividend income earned during the year. Additionally, the tribunal allowed royalty on domestic sales but limited royalty on export sales to 1%, based on calculations provided by the assessee and emphasizing the applicability of Transfer Pricing Provisions. Case-Laws Income Tax Wed, 22 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295019