https://www.taxtmi.com/caselaws?id=331342 The Tribunal upheld the CIT(A)'s decision to delete the addition on account of inter-company charges as deemed dividend, finding the payments were for services rendered, not dividends. However, the Tribunal restored the issue of royalty payment to the AO for further verification. The admission of additional evidence by the CIT(A) was not pressed and ruled against the revenue. The deletion of disallowance under Section 14A was also sent back to the AO for reconsideration. The Tribunal partly allowed the appeal, directing fresh examination of certain matters by the AO. en-us Tue, 31 May 2016 00:00:00 +0530 Sat, 20 Aug 2016 08:45:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331342 The Tribunal upheld the CIT(A)'s decision to delete the addition on account of inter-company charges as deemed dividend, finding the payments were for services rendered, not dividends. However, the Tribunal restored the issue of royalty payment to the AO for further verification. The admission of additional evidence by the CIT(A) was not pressed and ruled against the revenue. The deletion of disallowance under Section 14A was also sent back to the AO for reconsideration. The Tribunal partly allowed the appeal, directing fresh examination of certain matters by the AO. Case-Laws Income Tax Tue, 31 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331342