https://www.taxtmi.com/caselaws?id=457162 ITAT Bangalore allowed several grounds for statistical purposes while dismissing others. The tribunal followed its earlier decisions in the assessee's own case for assessment year 2016-17 regarding salary expenses as revenue nature and loss set-off provisions. Issues related to interest on advances and corporate guarantee commission were dismissed as infructuous due to existing APA. The tribunal remanded matters concerning disallowance under section 14A, other income classification, and TDS non-deduction for fresh examination by AO. Foreign tax credit was allowed as deduction, and deemed exports were included in export turnover for section 10AA computation. en-us Wed, 16 Aug 2023 00:00:00 +0530 Mon, 09 Sep 2024 20:02:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457162 ITAT Bangalore allowed several grounds for statistical purposes while dismissing others. The tribunal followed its earlier decisions in the assessee's own case for assessment year 2016-17 regarding salary expenses as revenue nature and loss set-off provisions. Issues related to interest on advances and corporate guarantee commission were dismissed as infructuous due to existing APA. The tribunal remanded matters concerning disallowance under section 14A, other income classification, and TDS non-deduction for fresh examination by AO. Foreign tax credit was allowed as deduction, and deemed exports were included in export turnover for section 10AA computation. Case-Laws Income Tax Wed, 16 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457162