https://www.taxtmi.com/caselaws?id=218207 The appeal was treated as allowed for statistical purposes, with directions for further assessment on the tax liability and disallowance issues. The Assessing Officer was tasked with determining the fair market value of rent and amenities included in the payment to the holding company, and reassessing the applicability of section 40(a)(ia) on the entire payment amount based on a relevant case precedent. en-us Fri, 08 Jun 2012 00:00:00 +0530 Tue, 06 Nov 2012 15:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218207 The appeal was treated as allowed for statistical purposes, with directions for further assessment on the tax liability and disallowance issues. The Assessing Officer was tasked with determining the fair market value of rent and amenities included in the payment to the holding company, and reassessing the applicability of section 40(a)(ia) on the entire payment amount based on a relevant case precedent. Case-Laws Income Tax Fri, 08 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218207