https://www.taxtmi.com/caselaws?id=796802 Rule 8D disallowance requires recorded dissatisfaction with the taxpayer's accounts, while interest disallowance is not warranted where sufficient own interest-free funds support investments. Section 80-IA profits require standalone computation without reducing eligible profits for CENVAT benefits enjoyed by non-eligible units; captive-power pricing may use the distribution-licensee tariff as an internal comparable. Corporate advertising, scientifically accrued lease equalisation charges, actuarially valued leave-salary provisions, employee stock-option discounts, school-fee welfare expenditure, additional depreciation and acquired-goodwill depreciation are addressed as deductible claims. Subsidy character depends on the scheme's purpose and conditions, with technology-upgradation interest subsidy characterised by its capital-investment purpose. Negative net worth, cess deductibility, treaty-relief evidence, stock valuation and head-office expense allocation also require application of the stated statutory and factual tests. en-us Thu, 30 Jul 2026 00:00:00 +0530 Tue, 11 Aug 2026 08:47:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796802 Rule 8D disallowance requires recorded dissatisfaction with the taxpayer's accounts, while interest disallowance is not warranted where sufficient own interest-free funds support investments. Section 80-IA profits require standalone computation without reducing eligible profits for CENVAT benefits enjoyed by non-eligible units; captive-power pricing may use the distribution-licensee tariff as an internal comparable. Corporate advertising, scientifically accrued lease equalisation charges, actuarially valued leave-salary provisions, employee stock-option discounts, school-fee welfare expenditure, additional depreciation and acquired-goodwill depreciation are addressed as deductible claims. Subsidy character depends on the scheme's purpose and conditions, with technology-upgradation interest subsidy characterised by its capital-investment purpose. Negative net worth, cess deductibility, treaty-relief evidence, stock valuation and head-office expense allocation also require application of the stated statutory and factual tests. Case-Laws Income Tax Thu, 30 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796802