https://www.taxtmi.com/caselaws?id=296442 The Tribunal allowed the assessee's appeal on weighted deduction under section 35(2AB) and the exclusion of sales tax and excise duty from total turnover. The issue of DEPB income was remanded for verification. The Tribunal directed no interest to be charged under sections 234A, 234B, and 234C due to retrospective amendments. The Tribunal upheld the CIT(A)'s decisions on selling, publicity, medical literature, and garden expenses, and transfer pricing adjustments. However, the Tribunal reversed the CIT(A)'s decision on net versus gross interest income for section 80HHC deduction, favoring the revenue. en-us Sun, 21 Feb 2010 00:00:00 +0530 Tue, 10 Oct 2023 16:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296442 The Tribunal allowed the assessee's appeal on weighted deduction under section 35(2AB) and the exclusion of sales tax and excise duty from total turnover. The issue of DEPB income was remanded for verification. The Tribunal directed no interest to be charged under sections 234A, 234B, and 234C due to retrospective amendments. The Tribunal upheld the CIT(A)'s decisions on selling, publicity, medical literature, and garden expenses, and transfer pricing adjustments. However, the Tribunal reversed the CIT(A)'s decision on net versus gross interest income for section 80HHC deduction, favoring the revenue. Case-Laws Income Tax Sun, 21 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296442