https://www.taxtmi.com/caselaws?id=178209 The Tribunal allowed the appeal, emphasizing adherence to legal precedents and proper tax credit. The Transfer Pricing adjustment on equity shares issuance was deleted, citing absence of a charging provision for taxing premium shares to non-residents. The non-granting of Tax Deducted at Source credit was remanded for verification. Interest levy under sections 234B and 234D was deemed consequential. The Tribunal directed the Assessing Officer to verify the TDS credit claim. en-us Wed, 25 Mar 2015 00:00:00 +0530 Sat, 30 Jan 2016 10:18:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178209 The Tribunal allowed the appeal, emphasizing adherence to legal precedents and proper tax credit. The Transfer Pricing adjustment on equity shares issuance was deleted, citing absence of a charging provision for taxing premium shares to non-residents. The non-granting of Tax Deducted at Source credit was remanded for verification. Interest levy under sections 234B and 234D was deemed consequential. The Tribunal directed the Assessing Officer to verify the TDS credit claim. Case-Laws Income Tax Wed, 25 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178209