https://www.taxtmi.com/caselaws?id=420878 The Tribunal directed the Assessing Officer to allow the deduction for State taxes paid overseas if not eligible for relief under section 90 or 91 of the Act. Additionally, the Tribunal instructed the Assessing Officer to permit the payment for import of software if compliant with Supreme Court parameters and delete disallowances on advertisement expenditure, Tata Brand Equity subscription, and commission paid to non-resident agents. Further, the Tribunal directed the Assessing Officer to grant foreign tax credit, verify tax deducted at source, and allow set-off of losses of STP units against taxable business income. en-us Wed, 06 Apr 2022 00:00:00 +0530 Mon, 11 Apr 2022 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420878 The Tribunal directed the Assessing Officer to allow the deduction for State taxes paid overseas if not eligible for relief under section 90 or 91 of the Act. Additionally, the Tribunal instructed the Assessing Officer to permit the payment for import of software if compliant with Supreme Court parameters and delete disallowances on advertisement expenditure, Tata Brand Equity subscription, and commission paid to non-resident agents. Further, the Tribunal directed the Assessing Officer to grant foreign tax credit, verify tax deducted at source, and allow set-off of losses of STP units against taxable business income. Case-Laws Income Tax Wed, 06 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420878