https://www.taxtmi.com/caselaws?id=783306 ITAT Delhi dismissed Revenue's grounds on denial of deduction u/s 10B for non-maintenance of separate books, following earlier years and HC affirmation, and upheld the assessee's eligibility. It sustained exclusion of certain functionally dissimilar comparables in the corporate support services segment for TP purposes. Relying on prior rulings, it held that disallowance u/s 14A cannot be added back while computing book profits u/s 115JB, rejecting Revenue's ground. For normal provisions, following jurisdictional HC in assessee's earlier years, it deleted the disallowance u/s 14A due to absence of valid AO satisfaction. The appeals were accordingly partly allowed/dismissed in line with these findings. en-us Fri, 28 Nov 2025 00:00:00 +0530 Sat, 06 Dec 2025 10:46:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783306 ITAT Delhi dismissed Revenue's grounds on denial of deduction u/s 10B for non-maintenance of separate books, following earlier years and HC affirmation, and upheld the assessee's eligibility. It sustained exclusion of certain functionally dissimilar comparables in the corporate support services segment for TP purposes. Relying on prior rulings, it held that disallowance u/s 14A cannot be added back while computing book profits u/s 115JB, rejecting Revenue's ground. For normal provisions, following jurisdictional HC in assessee's earlier years, it deleted the disallowance u/s 14A due to absence of valid AO satisfaction. The appeals were accordingly partly allowed/dismissed in line with these findings. Case-Laws Income Tax Fri, 28 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783306