https://www.taxtmi.com/caselaws?id=306254 The High Court upheld the Tribunal's decisions on various tax issues, including granting deduction for R&D activities in subsequent years, justifying deletion of disallowance for non-deposit of employee contributions, allowing interest on loans advanced to subsidiaries, and treating exchange rate fluctuation as business income. The Court referred to precedents and decisions by various High Courts to support its rulings, ultimately dismissing the Income Tax Appeal brought by the Revenue. en-us Fri, 22 Mar 2019 00:00:00 +0530 Thu, 19 Jan 2023 08:36:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306254 The High Court upheld the Tribunal's decisions on various tax issues, including granting deduction for R&D activities in subsequent years, justifying deletion of disallowance for non-deposit of employee contributions, allowing interest on loans advanced to subsidiaries, and treating exchange rate fluctuation as business income. The Court referred to precedents and decisions by various High Courts to support its rulings, ultimately dismissing the Income Tax Appeal brought by the Revenue. Case-Laws Income Tax Fri, 22 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306254