https://www.taxtmi.com/caselaws?id=428138 The case involved various issues such as transfer pricing adjustments, depreciation restrictions, disallowance under Section 14A, non-grant of deduction under Section 80G, MAT credit, and short credit of TDS. The Tribunal remitted the transfer pricing adjustment issue back to the Transfer Pricing Officer for fresh consideration, allowed depreciation on computer server and networking equipment at 60%, directed the re-computation of disallowance under Section 14A, instructed verification and allowance of Section 80G deduction, granted additional MAT credit, and directed verification and allowance of TDS credit. An additional ground regarding educational cess was dismissed. The appeal was partly allowed with specific directions for each issue. en-us Fri, 16 Sep 2022 00:00:00 +0530 Sat, 24 Sep 2022 08:20:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428138 The case involved various issues such as transfer pricing adjustments, depreciation restrictions, disallowance under Section 14A, non-grant of deduction under Section 80G, MAT credit, and short credit of TDS. The Tribunal remitted the transfer pricing adjustment issue back to the Transfer Pricing Officer for fresh consideration, allowed depreciation on computer server and networking equipment at 60%, directed the re-computation of disallowance under Section 14A, instructed verification and allowance of Section 80G deduction, granted additional MAT credit, and directed verification and allowance of TDS credit. An additional ground regarding educational cess was dismissed. The appeal was partly allowed with specific directions for each issue. Case-Laws Income Tax Fri, 16 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428138