https://www.taxtmi.com/caselaws?id=795808 Sales-promotion expenditure is distinguished between legitimate business-promotion activities and prohibited travel or hotel benefits directly provided to medical practitioners. The notes address the need for corroborative evidence before sustaining search-based allegations of inflated purchases, and treat manufacturing scrap and empty-container receipts as linked to eligible industrial operations. They describe excise-duty refunds under an industrialisation incentive scheme as capital in nature, and examine transfer-pricing adjustments through functional comparability, reliable market adjustments and evidence of services rendered. They also cover interest-free funds and exempt-income investments under section 14A, foreign tax credit ceilings, and verification of in-house research expenditure. The stated ratio requires reliable comparability or corroborative evidence for transfer-pricing and search-based additions. en-us Tue, 23 Jun 2026 00:00:00 +0530 Tue, 28 Jul 2026 08:30:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795808 Sales-promotion expenditure is distinguished between legitimate business-promotion activities and prohibited travel or hotel benefits directly provided to medical practitioners. The notes address the need for corroborative evidence before sustaining search-based allegations of inflated purchases, and treat manufacturing scrap and empty-container receipts as linked to eligible industrial operations. They describe excise-duty refunds under an industrialisation incentive scheme as capital in nature, and examine transfer-pricing adjustments through functional comparability, reliable market adjustments and evidence of services rendered. They also cover interest-free funds and exempt-income investments under section 14A, foreign tax credit ceilings, and verification of in-house research expenditure. The stated ratio requires reliable comparability or corroborative evidence for transfer-pricing and search-based additions. Case-Laws Income Tax Tue, 23 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795808