https://www.taxtmi.com/caselaws?id=253411 The Tribunal partly allowed the appeals, directing the Assessing Officer to allow the royalty and technical service fee claims and to rework the reimbursement costs with a 5% markup. The imposition of interest under section 234B was considered consequential, and the initiation of penalty proceedings under section 271(1)(c) was deemed premature. The Tribunal's decision was pronounced on 19.11.2014. en-us Wed, 19 Nov 2014 00:00:00 +0530 Mon, 24 Nov 2014 06:27:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253411 The Tribunal partly allowed the appeals, directing the Assessing Officer to allow the royalty and technical service fee claims and to rework the reimbursement costs with a 5% markup. The imposition of interest under section 234B was considered consequential, and the initiation of penalty proceedings under section 271(1)(c) was deemed premature. The Tribunal's decision was pronounced on 19.11.2014. Case-Laws Income Tax Wed, 19 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253411