https://www.taxtmi.com/caselaws?id=306268 The Tribunal ruled in favor of the assessee on various tax issues, including disallowance under section 14A, exclusion of certain profits and expenditures in computing Book Profit under section 115JB, treatment of sales tax incentives and excise duty exemptions as capital receipts, and allowance of deductions under sections 80-IA for different facilities. The Tribunal also upheld the allocation of head office expenses for tax holiday purposes and confirmed the Arm's Length Price adjustment for international transactions. Overall, the assessee succeeded on most issues, with the Tribunal granting relief or upholding favorable decisions in each instance. en-us Mon, 07 Nov 2022 00:00:00 +0530 Thu, 19 Jan 2023 08:36:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306268 The Tribunal ruled in favor of the assessee on various tax issues, including disallowance under section 14A, exclusion of certain profits and expenditures in computing Book Profit under section 115JB, treatment of sales tax incentives and excise duty exemptions as capital receipts, and allowance of deductions under sections 80-IA for different facilities. The Tribunal also upheld the allocation of head office expenses for tax holiday purposes and confirmed the Arm's Length Price adjustment for international transactions. Overall, the assessee succeeded on most issues, with the Tribunal granting relief or upholding favorable decisions in each instance. Case-Laws Income Tax Mon, 07 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306268