https://www.taxtmi.com/caselaws?id=208910 The appellant successfully challenged adjustments in respect of arm's length price with an associated enterprise, as the Transfer Pricing Officer did not follow prescribed methods. The Tribunal deleted the additions on legal grounds and merits. Additionally, the Tribunal reduced disallowances on web site development and other expenses from 25% to 10% due to excessive nature, allowed expenditure on a proposed public issue as revenue loss, and directed the Assessing Officer to restrict disallowance of certain expenses claimed under section 35D to 10%. The appellant's appeal was partially allowed on these grounds. en-us Thu, 28 Jan 2010 00:00:00 +0530 Tue, 14 Aug 2012 14:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208910 The appellant successfully challenged adjustments in respect of arm's length price with an associated enterprise, as the Transfer Pricing Officer did not follow prescribed methods. The Tribunal deleted the additions on legal grounds and merits. Additionally, the Tribunal reduced disallowances on web site development and other expenses from 25% to 10% due to excessive nature, allowed expenditure on a proposed public issue as revenue loss, and directed the Assessing Officer to restrict disallowance of certain expenses claimed under section 35D to 10%. The appellant's appeal was partially allowed on these grounds. Case-Laws Income Tax Thu, 28 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208910