https://www.taxtmi.com/caselaws?id=448592 ITAT Mumbai allowed the assessee's appeal on multiple grounds. The tribunal granted 100% deduction under section 80IA for telecommunication services, following its earlier decision in assessee's own case. Disallowances under section 14A were deleted as no exempt income was earned. Interest disallowances on interest-free loans to subsidiaries and capital work in progress were deleted based on commercial expediency and no expansion of operations. TDS disallowances on roaming charges and prepaid card discounts were deleted as these don't fall under TDS provisions. Transfer pricing adjustments were restored to AO/TPO for proper determination under prescribed methods. en-us Wed, 08 Nov 2023 00:00:00 +0530 Tue, 23 Jan 2024 10:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448592 ITAT Mumbai allowed the assessee's appeal on multiple grounds. The tribunal granted 100% deduction under section 80IA for telecommunication services, following its earlier decision in assessee's own case. Disallowances under section 14A were deleted as no exempt income was earned. Interest disallowances on interest-free loans to subsidiaries and capital work in progress were deleted based on commercial expediency and no expansion of operations. TDS disallowances on roaming charges and prepaid card discounts were deleted as these don't fall under TDS provisions. Transfer pricing adjustments were restored to AO/TPO for proper determination under prescribed methods. Case-Laws Income Tax Wed, 08 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448592