https://www.taxtmi.com/caselaws?id=332132 The Tribunal partly allowed the appeal, remitting the matter back to the TPO/AO for a fresh determination of the Arm's Length Price (ALP) of the royalty payment after verifying the actual rendering of services. The issues regarding the corporate tax adjustments for brought forward and carry forward of unabsorbed depreciation were acknowledged but not extensively addressed in the judgment. en-us Wed, 27 Jul 2016 00:00:00 +0530 Sun, 11 Sep 2016 14:39:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332132 The Tribunal partly allowed the appeal, remitting the matter back to the TPO/AO for a fresh determination of the Arm's Length Price (ALP) of the royalty payment after verifying the actual rendering of services. The issues regarding the corporate tax adjustments for brought forward and carry forward of unabsorbed depreciation were acknowledged but not extensively addressed in the judgment. Case-Laws Income Tax Wed, 27 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332132