https://www.taxtmi.com/caselaws?id=263942 The Tribunal allowed the appeal filed by the assessee company, holding that the transfer pricing adjustments and disallowance under Section 40A(2) were unjustified. The payment of management fees and administrative charges was deemed to be incurred wholly and exclusively for business purposes, and the AO failed to meet the statutory requirements for disallowance. en-us Fri, 28 Aug 2015 00:00:00 +0530 Mon, 14 Sep 2015 06:58:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263942 The Tribunal allowed the appeal filed by the assessee company, holding that the transfer pricing adjustments and disallowance under Section 40A(2) were unjustified. The payment of management fees and administrative charges was deemed to be incurred wholly and exclusively for business purposes, and the AO failed to meet the statutory requirements for disallowance. Case-Laws Income Tax Fri, 28 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263942