https://www.taxtmi.com/caselaws?id=218096 The ITAT partly allowed the appeal for statistical purposes, restoring various issues back to the AO for fresh consideration. The appellant's contentions on adjustments to Arm's Length Price and commission received were not fully accepted, with the ITAT emphasizing the need for detailed examination. Disallowances related to prior period expenses, Section 14A, and depreciation were also sent back for reevaluation. The ITAT dismissed the carry forward of unabsorbed depreciation loss but suggested seeking rectification if needed. Issues regarding interest levy and withdrawal, as well as penalty proceedings, were deemed premature and not adjudicated. en-us Mon, 29 Oct 2012 00:00:00 +0530 Fri, 02 Nov 2012 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218096 The ITAT partly allowed the appeal for statistical purposes, restoring various issues back to the AO for fresh consideration. The appellant's contentions on adjustments to Arm's Length Price and commission received were not fully accepted, with the ITAT emphasizing the need for detailed examination. Disallowances related to prior period expenses, Section 14A, and depreciation were also sent back for reevaluation. The ITAT dismissed the carry forward of unabsorbed depreciation loss but suggested seeking rectification if needed. Issues regarding interest levy and withdrawal, as well as penalty proceedings, were deemed premature and not adjudicated. Case-Laws Income Tax Mon, 29 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218096