https://www.taxtmi.com/caselaws?id=177563 Both the assessee's and Revenue's appeals were partly allowed for statistical purposes. Several issues were remanded to the Assessing Officer for fresh adjudication, including the disallowance of leasehold improvements, software expenditure, and interest expenditure under Section 14A. The Tribunal directed reconsideration of commission income addition, advertisement expenses, and security deposit write-off. The Tribunal also required a fresh determination of transfer pricing adjustments, emphasizing the need for separate evaluation of each international transaction. The Tribunal upheld the CIT(A)'s partial relief on advertisement expenses and restored the license fee deduction issue for further examination. en-us Wed, 28 May 2008 00:00:00 +0530 Sun, 10 Dec 2023 19:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177563 Both the assessee's and Revenue's appeals were partly allowed for statistical purposes. Several issues were remanded to the Assessing Officer for fresh adjudication, including the disallowance of leasehold improvements, software expenditure, and interest expenditure under Section 14A. The Tribunal directed reconsideration of commission income addition, advertisement expenses, and security deposit write-off. The Tribunal also required a fresh determination of transfer pricing adjustments, emphasizing the need for separate evaluation of each international transaction. The Tribunal upheld the CIT(A)'s partial relief on advertisement expenses and restored the license fee deduction issue for further examination. Case-Laws Income Tax Wed, 28 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177563