https://www.taxtmi.com/caselaws?id=438413 The Tribunal dismissed the Revenue's challenge on the deduction under Section 80IC and transfer pricing adjustment, upholding the deduction for income from scrap sales and rejecting the transfer pricing markup. However, the Tribunal allowed the Revenue's disallowance under Section 14A due to the AO's recorded satisfaction for the disallowance. The appeal was partly allowed in favor of the Revenue. en-us Fri, 26 May 2023 00:00:00 +0530 Tue, 30 May 2023 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438413 The Tribunal dismissed the Revenue's challenge on the deduction under Section 80IC and transfer pricing adjustment, upholding the deduction for income from scrap sales and rejecting the transfer pricing markup. However, the Tribunal allowed the Revenue's disallowance under Section 14A due to the AO's recorded satisfaction for the disallowance. The appeal was partly allowed in favor of the Revenue. Case-Laws Income Tax Fri, 26 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438413