https://www.taxtmi.com/caselaws?id=234528 The ITAT partially allowed the appeals, directing the AO/TPO to re-evaluate Transfer Pricing (T.P.) adjustments related to advertisement and marketing expenses, excluding certain expenses, and applying principles from a previous Special Bench decision. Regarding Corporate Tax issues, the ITAT upheld higher depreciation rates and deductions for VRS expenditure but dismissed claims related to depreciation on specific assets and software license fees due to pending resolutions. The ITAT also upheld disallowances under sections 10A and 10B for lack of detailed information. en-us Fri, 07 Jun 2013 00:00:00 +0530 Wed, 30 Mar 2016 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234528 The ITAT partially allowed the appeals, directing the AO/TPO to re-evaluate Transfer Pricing (T.P.) adjustments related to advertisement and marketing expenses, excluding certain expenses, and applying principles from a previous Special Bench decision. Regarding Corporate Tax issues, the ITAT upheld higher depreciation rates and deductions for VRS expenditure but dismissed claims related to depreciation on specific assets and software license fees due to pending resolutions. The ITAT also upheld disallowances under sections 10A and 10B for lack of detailed information. Case-Laws Income Tax Fri, 07 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234528