https://www.taxtmi.com/caselaws?id=417565 The appeal was partly allowed for statistical purposes. The Transfer Pricing Adjustment towards brand development services was deleted, Disallowance under Section 14A was restricted to exempt income earned, Disallowance of Depreciation on Capital Subsidy was deleted, Disallowance under Section 43B(c) for Performance Incentive was upheld, Deduction for Education Cess and Secondary Education Cess was set aside for re-examination, Addition towards VAT Incentive was referred for verification, Treatment of Export Incentives under Focus Market Scheme was upheld, Non-grant of Deduction under Section 80G was dismissed, Lower TDS Credit issue was referred for verification, and Interest Charged under Section 234B was directed to be recomputed. en-us Wed, 22 Dec 2021 00:00:00 +0530 Thu, 27 Jan 2022 08:41:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417565 The appeal was partly allowed for statistical purposes. The Transfer Pricing Adjustment towards brand development services was deleted, Disallowance under Section 14A was restricted to exempt income earned, Disallowance of Depreciation on Capital Subsidy was deleted, Disallowance under Section 43B(c) for Performance Incentive was upheld, Deduction for Education Cess and Secondary Education Cess was set aside for re-examination, Addition towards VAT Incentive was referred for verification, Treatment of Export Incentives under Focus Market Scheme was upheld, Non-grant of Deduction under Section 80G was dismissed, Lower TDS Credit issue was referred for verification, and Interest Charged under Section 234B was directed to be recomputed. Case-Laws Income Tax Wed, 22 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417565