https://www.taxtmi.com/caselaws?id=776915 ITAT, DELHI held that notional interest on receivables from AEs cannot be added if comparable Non-AE customers were not charged interest; matter restored to TPO to examine documentary figures and credit periods. Disallowance of warranty provision restored to AO for fresh scrutiny due to inadequate examination by lower authorities. Section 14A disallowance upheld but limited to the quantum of exempt income; AO directed to sustain. Section 36(1)(iii) issue restored to AO for reassessment of own funds and proportionate disallowance per Reliance. Disallowance under section 40(a)(ia) sustained. Listing fees for issuance of NCDs held allowable. en-us Thu, 31 Jul 2025 00:00:00 +0530 Thu, 21 Aug 2025 08:35:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776915 ITAT, DELHI held that notional interest on receivables from AEs cannot be added if comparable Non-AE customers were not charged interest; matter restored to TPO to examine documentary figures and credit periods. Disallowance of warranty provision restored to AO for fresh scrutiny due to inadequate examination by lower authorities. Section 14A disallowance upheld but limited to the quantum of exempt income; AO directed to sustain. Section 36(1)(iii) issue restored to AO for reassessment of own funds and proportionate disallowance per Reliance. Disallowance under section 40(a)(ia) sustained. Listing fees for issuance of NCDs held allowable. Case-Laws Income Tax Thu, 31 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776915