Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Highlights
of of All Highlights
Note
Bookmark
Share
Don't have an account? Register Here
of The Appellate Tribunal addressed several key issues. Firstly, on Transfer Pricing (TP) adjustment, it found errors in the CIT(A)'s decision as rectification was only sought for professional fees, not ESOP, leading to a flawed dismissal. The Tribunal directed a fresh review by the CIT(A) with proper consideration and opportunity for the assessee. Secondly, on comparable selection, the CIT(A) erred by only addressing the validity of comparables, neglecting other raised issues. The Tribunal ordered a reevaluation by the CIT(A) on all grounds. Lastly, on disallowance u/s 14A, the Tribunal remitted the matter back to CIT(A) for a thorough review of dividend income and related expenditures, emphasizing due process. Additionally, on disallowance u/s 14A for MAT purposes, the Tribunal found the CIT(A)'s order lacking and mandated a new review with proper consideration and hearing for the assessee.
TaxTMI 
TaxTMI 
