https://www.taxtmi.com/caselaws?id=261003 The Tribunal partly allowed the appeal for statistical purposes, directing the Assessing Officer/TPO to follow the High Court's binding judgment on the Transfer Pricing Adjustment issue. The Transfer Pricing Adjustment of excess advertisement, marketing, and promotion expenses was set aside for fresh verification, while the disallowance of employee referral fee was dismissed due to the small amount. The Tribunal considered interest levies as consequential and did not separately address them. Penalty proceedings under section 271(1)(c) were deemed premature and not delved into. en-us Tue, 31 Mar 2015 00:00:00 +0530 Tue, 30 Jun 2015 06:42:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261003 The Tribunal partly allowed the appeal for statistical purposes, directing the Assessing Officer/TPO to follow the High Court's binding judgment on the Transfer Pricing Adjustment issue. The Transfer Pricing Adjustment of excess advertisement, marketing, and promotion expenses was set aside for fresh verification, while the disallowance of employee referral fee was dismissed due to the small amount. The Tribunal considered interest levies as consequential and did not separately address them. Penalty proceedings under section 271(1)(c) were deemed premature and not delved into. Case-Laws Income Tax Tue, 31 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261003