https://www.taxtmi.com/caselaws?id=254547 The Tribunal allowed the appeal partly, directing the AO to allow depreciation at 60% on routers and switches, and to examine the functional dependency on computers for audio-visual conferencing and video streaming equipment. The disallowance of the management fee under Section 40A(2)(b) was deemed unjustified as specific excessive expenses were not determined. The issue of set-off of brought forward depreciation/loss was to be reconsidered. The transfer pricing adjustment was remanded for the assessee to provide evidence of services rendered. The Tribunal emphasized detailed examination and evidence substantiation for depreciation and transfer pricing matters. en-us Fri, 19 Sep 2014 00:00:00 +0530 Fri, 22 May 2015 14:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254547 The Tribunal allowed the appeal partly, directing the AO to allow depreciation at 60% on routers and switches, and to examine the functional dependency on computers for audio-visual conferencing and video streaming equipment. The disallowance of the management fee under Section 40A(2)(b) was deemed unjustified as specific excessive expenses were not determined. The issue of set-off of brought forward depreciation/loss was to be reconsidered. The transfer pricing adjustment was remanded for the assessee to provide evidence of services rendered. The Tribunal emphasized detailed examination and evidence substantiation for depreciation and transfer pricing matters. Case-Laws Income Tax Fri, 19 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254547