https://www.taxtmi.com/caselaws?id=253114 The Tribunal remitted the transfer pricing adjustment issue back to the Transfer Pricing Officer for reconsideration, emphasizing the need to assess whether the differences materially affected the pricing. Additionally, the Tribunal allowed the appeal regarding the depreciation rate for server UPS systems, granting a higher rate of 60% depreciation. The penalty proceedings under Section 271(1)(c) of the Income-tax Act were not extensively addressed in the provided text. en-us Fri, 08 Aug 2014 00:00:00 +0530 Sat, 15 Nov 2014 15:00:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253114 The Tribunal remitted the transfer pricing adjustment issue back to the Transfer Pricing Officer for reconsideration, emphasizing the need to assess whether the differences materially affected the pricing. Additionally, the Tribunal allowed the appeal regarding the depreciation rate for server UPS systems, granting a higher rate of 60% depreciation. The penalty proceedings under Section 271(1)(c) of the Income-tax Act were not extensively addressed in the provided text. Case-Laws Income Tax Fri, 08 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253114