https://www.taxtmi.com/caselaws?id=213510 The Tribunal allowed the appeal for statistical purposes, remitting various issues back to the Assessing Officer for fresh consideration. The Tribunal emphasized the need for detailed reasoning and thorough reconsideration on multiple aspects including transfer pricing adjustments, recognition of income under a project, treatment of marketing expenses, disallowance of provision for obsolescence, and computation of interest. The assessee's contentions regarding penalty proceedings and credit for TDS claimed were also left for reconsideration by the Assessing Officer. en-us Thu, 24 Nov 2011 00:00:00 +0530 Wed, 23 May 2012 10:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213510 The Tribunal allowed the appeal for statistical purposes, remitting various issues back to the Assessing Officer for fresh consideration. The Tribunal emphasized the need for detailed reasoning and thorough reconsideration on multiple aspects including transfer pricing adjustments, recognition of income under a project, treatment of marketing expenses, disallowance of provision for obsolescence, and computation of interest. The assessee's contentions regarding penalty proceedings and credit for TDS claimed were also left for reconsideration by the Assessing Officer. Case-Laws Income Tax Thu, 24 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213510