https://www.taxtmi.com/caselaws?id=469836 Sales tax refund determined but not actually received was treated as taxable under section 41(1) only in the year of actual receipt, so the addition for the year under appeal failed. Corporate overheads and depreciation were not to be allocated to the Goa and Kanjikode undertakings for section 80IA computation, and that disallowance was deleted. Research and development expenses, interest on dealership deposits, bank guarantee commission, section 80HHC reduction under section 80IA(9A), and the additional grounds on lease rental and advertisement and sales promotion expenses all required factual verification or fresh adjudication, so those matters were restored to the Assessing Officer. en-us Thu, 05 Sep 2024 00:00:00 +0530 Mon, 06 Jul 2026 20:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469836 Sales tax refund determined but not actually received was treated as taxable under section 41(1) only in the year of actual receipt, so the addition for the year under appeal failed. Corporate overheads and depreciation were not to be allocated to the Goa and Kanjikode undertakings for section 80IA computation, and that disallowance was deleted. Research and development expenses, interest on dealership deposits, bank guarantee commission, section 80HHC reduction under section 80IA(9A), and the additional grounds on lease rental and advertisement and sales promotion expenses all required factual verification or fresh adjudication, so those matters were restored to the Assessing Officer. Case-Laws Income Tax Thu, 05 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469836