ITAT Delhi Allowed Sales Incentive Provision as Deduction Since Based on Scientific Method

DCIT Vs Havells India Ltd (ITAT Delhi) The Income Tax Appellate Tribunal (ITAT), Delhi Bench, dismissed the appeal filed by the Revenue against the order of the Commissioner of Income Tax (Appeals) dated April 7, 2025 for Assessment Year 2010–11. The assessment order had originally been passed under Section 143(3) read with Section 144C(1) of the Income Tax Act. The Revenue raised multiple grounds relating to transfer pricing adjustment on corporate guarantee, disallowance of provision under the “Shahenshah Scheme,” and denial of deduction under Section 80IC on interest income. With resp...