https://www.taxtmi.com/caselaws?id=417458 The Tribunal ruled in favor of the assessee on various tax issues including disallowances under Section 80IA, 32(1), and 35(2AB), granting full credit for TDS/TCS, deduction of education cess, refund of excess dividend distribution tax under DTAA, and treatment of sales tax exemption benefits and carbon credit receipts as capital receipts. The Tribunal also invalidated a Transfer Pricing Order, directed a specific arm's length consideration for corporate guarantee commission, restricted disallowance under Section 14A, recognized corporate guarantee as an international transaction, allowed investment allowance under Section 32AC, and remanded the Employee Stock Option Scheme expenses issue for further review. en-us Tue, 14 Dec 2021 00:00:00 +0530 Sun, 23 Jan 2022 20:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417458 The Tribunal ruled in favor of the assessee on various tax issues including disallowances under Section 80IA, 32(1), and 35(2AB), granting full credit for TDS/TCS, deduction of education cess, refund of excess dividend distribution tax under DTAA, and treatment of sales tax exemption benefits and carbon credit receipts as capital receipts. The Tribunal also invalidated a Transfer Pricing Order, directed a specific arm's length consideration for corporate guarantee commission, restricted disallowance under Section 14A, recognized corporate guarantee as an international transaction, allowed investment allowance under Section 32AC, and remanded the Employee Stock Option Scheme expenses issue for further review. Case-Laws Income Tax Tue, 14 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417458