https://www.taxtmi.com/caselaws?id=412819 The Tribunal dismissed the jurisdictional defect in the assessment order on a dissolved/amalgamating company as infructuous. It held that no separate adjudication was required for general and consequential issues. Additionally, the Tribunal dismissed the validity of the assessment order passed under section 143(3) r.w.s. 144C on similar grounds. Regarding various disallowances and deductions, the Tribunal allowed deductions for contributions to certain entities, payments made to pharmaceutical companies, and employee compensation expenses. It directed the deletion of additional disallowances and additions made by the Assessing Officer. The Tribunal also directed fresh adjudication on certain transfer pricing adjustments and other disallowances, following precedents and specific case laws. en-us Fri, 03 Sep 2021 00:00:00 +0530 Mon, 27 Sep 2021 17:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412819 The Tribunal dismissed the jurisdictional defect in the assessment order on a dissolved/amalgamating company as infructuous. It held that no separate adjudication was required for general and consequential issues. Additionally, the Tribunal dismissed the validity of the assessment order passed under section 143(3) r.w.s. 144C on similar grounds. Regarding various disallowances and deductions, the Tribunal allowed deductions for contributions to certain entities, payments made to pharmaceutical companies, and employee compensation expenses. It directed the deletion of additional disallowances and additions made by the Assessing Officer. The Tribunal also directed fresh adjudication on certain transfer pricing adjustments and other disallowances, following precedents and specific case laws. Case-Laws Income Tax Fri, 03 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412819