https://www.taxtmi.com/caselaws?id=432612 The appeal was partly allowed, with the disallowance of interest expenditure under section 14A being deleted. The disallowance of administrative expenses was upheld. The issue of payment towards patent charges was remanded back to the Assessing Officer for reconsideration due to divergent views and lack of proper verification regarding the nature of the payment. en-us Tue, 13 Dec 2022 00:00:00 +0530 Tue, 10 Jan 2023 09:24:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432612 The appeal was partly allowed, with the disallowance of interest expenditure under section 14A being deleted. The disallowance of administrative expenses was upheld. The issue of payment towards patent charges was remanded back to the Assessing Officer for reconsideration due to divergent views and lack of proper verification regarding the nature of the payment. Case-Laws Income Tax Tue, 13 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432612