https://www.taxtmi.com/caselaws?id=258297 The Tribunal upheld the CIT(A)'s decision regarding the disallowance of depreciation on technical support service fees, allowing depreciation on the Written Down Value. The Tribunal also confirmed the deletion of the disallowance for belated payment of Provident Fund contributions. However, the Tribunal directed a re-evaluation of the determination of Arm's Length Price for international transactions, instructing the CIT(A) to follow the prescribed procedure and provide a fair hearing to both sides. en-us Thu, 26 Mar 2015 00:00:00 +0530 Mon, 06 Apr 2015 05:57:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258297 The Tribunal upheld the CIT(A)'s decision regarding the disallowance of depreciation on technical support service fees, allowing depreciation on the Written Down Value. The Tribunal also confirmed the deletion of the disallowance for belated payment of Provident Fund contributions. However, the Tribunal directed a re-evaluation of the determination of Arm's Length Price for international transactions, instructing the CIT(A) to follow the prescribed procedure and provide a fair hearing to both sides. Case-Laws Income Tax Thu, 26 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258297