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    <title>2011 (11) TMI 487 - ITAT DELHI</title>
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    <description>The Tribunal ruled in favor of the assessee, allowing the appeal partly. It upheld the assessee&#039;s position on the Transfer Pricing adjustment, referral fee disallowance, and depreciation rate issues. The Tribunal remanded the matter of service tax disallowance back to the Dispute Resolution Panel for further consideration. The ground challenging the initiation of penalty proceedings was dismissed as premature and not adjudicated upon.</description>
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      <description>The Tribunal ruled in favor of the assessee, allowing the appeal partly. It upheld the assessee&#039;s position on the Transfer Pricing adjustment, referral fee disallowance, and depreciation rate issues. The Tribunal remanded the matter of service tax disallowance back to the Dispute Resolution Panel for further consideration. The ground challenging the initiation of penalty proceedings was dismissed as premature and not adjudicated upon.</description>
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