https://www.taxtmi.com/caselaws?id=211881 The tribunal partly allowed the appeal, deleting the addition of Rs.1,55,52,470/- for advertising expenses and directing the adjusting of interest calculations in accordance with the law. The Transfer Pricing Officer was found not competent to include transactions suo moto for the assessment year 2002-03, as the relevant provision allowing this was prospective. Interest under sections 234-B and 234-D of the Income Tax Act was addressed, with section 234-B deemed applicable but section 234-D not applicable for the said assessment year. en-us Fri, 16 Dec 2011 00:00:00 +0530 Sat, 07 Apr 2012 10:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211881 The tribunal partly allowed the appeal, deleting the addition of Rs.1,55,52,470/- for advertising expenses and directing the adjusting of interest calculations in accordance with the law. The Transfer Pricing Officer was found not competent to include transactions suo moto for the assessment year 2002-03, as the relevant provision allowing this was prospective. Interest under sections 234-B and 234-D of the Income Tax Act was addressed, with section 234-B deemed applicable but section 234-D not applicable for the said assessment year. Case-Laws Income Tax Fri, 16 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211881