https://www.taxtmi.com/caselaws?id=241853 The Tribunal allowed the assessee's appeal on Transfer Pricing adjustments for royalty payments, disallowance of COE-3 related expenses, and TP adjustments on David Beckham advertising campaign expenses. It dismissed the addition on account of bad debts recovered under Section 41(1) and confirmed disallowances of certain expenses. The Tribunal provided detailed directions for each issue, partly allowing the assessee's appeals and dismissing the Revenue's appeals. en-us Fri, 20 Dec 2013 00:00:00 +0530 Thu, 02 Jan 2014 13:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241853 The Tribunal allowed the assessee's appeal on Transfer Pricing adjustments for royalty payments, disallowance of COE-3 related expenses, and TP adjustments on David Beckham advertising campaign expenses. It dismissed the addition on account of bad debts recovered under Section 41(1) and confirmed disallowances of certain expenses. The Tribunal provided detailed directions for each issue, partly allowing the assessee's appeals and dismissing the Revenue's appeals. Case-Laws Income Tax Fri, 20 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241853