https://www.taxtmi.com/caselaws?id=247142 The ITAT allowed the appeals for statistical purposes, restoring the issues of cost allocation and cost recharges to the TPO for fresh adjudication. The consultancy charges issue was set aside to the AO for re-examination. The levy of interest and initiation of penalty proceedings were deemed consequential or premature, respectively. The order was pronounced on December 18, 2013. en-us Wed, 18 Dec 2013 00:00:00 +0530 Sat, 03 May 2014 09:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247142 The ITAT allowed the appeals for statistical purposes, restoring the issues of cost allocation and cost recharges to the TPO for fresh adjudication. The consultancy charges issue was set aside to the AO for re-examination. The levy of interest and initiation of penalty proceedings were deemed consequential or premature, respectively. The order was pronounced on December 18, 2013. Case-Laws Income Tax Wed, 18 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247142