https://www.taxtmi.com/caselaws?id=800232 Section 80-IA may cover a separately identifiable telecom undertaking operating under an independent licence, with audit certification by an independent Chartered Accountant. Functionally integrated digital switching equipment, commercial-use rights and goodwill acquired with a business may qualify for depreciation; block-of-assets depreciation is not reduced for book impairment absent a statutory adjustment. Interest on temporary business funds retains business-income character, while further exempt-income disallowance cannot arise where no exempt income exists. Refund interest runs until actual payment, and substantiated TDS credit may be allowed despite Form 26AS omission. Transfer-pricing benchmarks require currency-specific comparables for foreign-currency loans and supportable comparable rates for guarantees, comfort or support letters, and delayed receivables. en-us Fri, 25 Sep 2026 00:00:00 +0530 Sat, 03 Oct 2026 09:32:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800232 Section 80-IA may cover a separately identifiable telecom undertaking operating under an independent licence, with audit certification by an independent Chartered Accountant. Functionally integrated digital switching equipment, commercial-use rights and goodwill acquired with a business may qualify for depreciation; block-of-assets depreciation is not reduced for book impairment absent a statutory adjustment. Interest on temporary business funds retains business-income character, while further exempt-income disallowance cannot arise where no exempt income exists. Refund interest runs until actual payment, and substantiated TDS credit may be allowed despite Form 26AS omission. Transfer-pricing benchmarks require currency-specific comparables for foreign-currency loans and supportable comparable rates for guarantees, comfort or support letters, and delayed receivables. Case-Laws Income Tax Fri, 25 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800232