https://www.taxtmi.com/caselaws?id=439750 The Tribunal partly allowed the appeals of the assessee, providing detailed directions on various issues. The disallowance of expenditure on gifts and sales promotion was dismissed as not pressed. The Tribunal allowed weighted deduction for Research & Development expenditure and clinical trial expenses. It directed the inclusion of surcharge and education cess for MAT credit. Additionally, the Tribunal ordered the verification and deletion of incorrect interest computations under sections 234A and 234C, and instructed the examination and refund of dividend distribution tax in line with legal precedents. en-us Tue, 27 Jun 2023 00:00:00 +0530 Fri, 30 Jun 2023 16:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439750 The Tribunal partly allowed the appeals of the assessee, providing detailed directions on various issues. The disallowance of expenditure on gifts and sales promotion was dismissed as not pressed. The Tribunal allowed weighted deduction for Research & Development expenditure and clinical trial expenses. It directed the inclusion of surcharge and education cess for MAT credit. Additionally, the Tribunal ordered the verification and deletion of incorrect interest computations under sections 234A and 234C, and instructed the examination and refund of dividend distribution tax in line with legal precedents. Case-Laws Income Tax Tue, 27 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439750