https://www.taxtmi.com/caselaws?id=435805 The Income Tax Appellate Tribunal (ITAT) ruled in favor of the assessee for Assessment Years 2017-18 and 2018-19, granting relief on all disputed matters. The ITAT deleted the transfer pricing adjustment, disallowance under Section 14A, and capital expenditure classification for electricity meter replacement. It affirmed the deduction under Section 80IA without allocating head office expenses and acknowledged the deduction under Section 80G. The Tribunal directed the Assessing Officer to verify and grant the Tax Deducted at Source (TDS) credit and to rectify errors in the computation of book profits under Section 115JB. en-us Thu, 23 Mar 2023 00:00:00 +0530 Wed, 04 Dec 2024 14:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435805 The Income Tax Appellate Tribunal (ITAT) ruled in favor of the assessee for Assessment Years 2017-18 and 2018-19, granting relief on all disputed matters. The ITAT deleted the transfer pricing adjustment, disallowance under Section 14A, and capital expenditure classification for electricity meter replacement. It affirmed the deduction under Section 80IA without allocating head office expenses and acknowledged the deduction under Section 80G. The Tribunal directed the Assessing Officer to verify and grant the Tax Deducted at Source (TDS) credit and to rectify errors in the computation of book profits under Section 115JB. Case-Laws Income Tax Thu, 23 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435805