https://www.taxtmi.com/caselaws?id=438294 The Tribunal ruled in favor of the assessee in the case, making various adjustments to transfer pricing, corporate tax disallowances, and book profits under Section 115JB. The Tribunal deleted the transfer pricing adjustments on interest on delayed receivables and share application money, reduced the guarantee commission rate, and remitted the issue of upward adjustment on sale of shares for revaluation. Additionally, the Tribunal allowed deductions for corporate tax disallowances related to deduction u/s 10B, FCCB premium, FCCB issue expenses, and directed fresh consideration on disallowance u/s 14A. Adjustments were also made to book profits and other issues raised by the assessee, resulting in a favorable outcome for the assessee. en-us Tue, 23 May 2023 00:00:00 +0530 Fri, 26 May 2023 16:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438294 The Tribunal ruled in favor of the assessee in the case, making various adjustments to transfer pricing, corporate tax disallowances, and book profits under Section 115JB. The Tribunal deleted the transfer pricing adjustments on interest on delayed receivables and share application money, reduced the guarantee commission rate, and remitted the issue of upward adjustment on sale of shares for revaluation. Additionally, the Tribunal allowed deductions for corporate tax disallowances related to deduction u/s 10B, FCCB premium, FCCB issue expenses, and directed fresh consideration on disallowance u/s 14A. Adjustments were also made to book profits and other issues raised by the assessee, resulting in a favorable outcome for the assessee. Case-Laws Income Tax Tue, 23 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438294