https://www.taxtmi.com/caselaws?id=766056 ITAT Ahmedabad remanded multiple issues to AO for verification. Addition u/s 14A r.w.r. 8D remanded as assessee failed to demonstrate specific strategic investments and interest-free funds utilization. Disallowance u/s 43B remanded for verification of double disallowance claim. Section 35 expenditure claim remanded for reconciliation verification. Excess deduction u/s 35(2AB) remanded to verify DSIR approval and compliance conditions. Grant amount treated as liability was allowed as assessee acts as custodian until project execution. Interest capitalization and exchange fluctuation issues remanded for supporting evidence verification. Foreign commission expenditure allowed following tribunal's precedent in assessee's own case for AY 2013-14, as services rendered outside India. Section 14A addition to book profit u/s 115JB deleted following Special Bench decision. en-us Wed, 12 Feb 2025 00:00:00 +0530 Sat, 15 Feb 2025 10:00:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766056 ITAT Ahmedabad remanded multiple issues to AO for verification. Addition u/s 14A r.w.r. 8D remanded as assessee failed to demonstrate specific strategic investments and interest-free funds utilization. Disallowance u/s 43B remanded for verification of double disallowance claim. Section 35 expenditure claim remanded for reconciliation verification. Excess deduction u/s 35(2AB) remanded to verify DSIR approval and compliance conditions. Grant amount treated as liability was allowed as assessee acts as custodian until project execution. Interest capitalization and exchange fluctuation issues remanded for supporting evidence verification. Foreign commission expenditure allowed following tribunal's precedent in assessee's own case for AY 2013-14, as services rendered outside India. Section 14A addition to book profit u/s 115JB deleted following Special Bench decision. Case-Laws Income Tax Wed, 12 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766056