https://www.taxtmi.com/caselaws?id=332547 The Tribunal granted a stay of recovery for outstanding demands for AY 2009-10 and AY 2011-12, totaling significant amounts. It reduced Transfer Pricing Adjustments for both years and made Corporate Tax Adjustments. The Tribunal found in favor of the Assessee regarding the determination of Arm's Length Price for Management Support Services Agreement and IT Services. It also noted discrepancies in the Revenue's stance on benefits received. The Tribunal allowed the stay petitions, emphasizing the Assessee's prima facie case and directing expedited appeal hearings. en-us Fri, 22 Jul 2016 00:00:00 +0530 Wed, 14 Sep 2016 14:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332547 The Tribunal granted a stay of recovery for outstanding demands for AY 2009-10 and AY 2011-12, totaling significant amounts. It reduced Transfer Pricing Adjustments for both years and made Corporate Tax Adjustments. The Tribunal found in favor of the Assessee regarding the determination of Arm's Length Price for Management Support Services Agreement and IT Services. It also noted discrepancies in the Revenue's stance on benefits received. The Tribunal allowed the stay petitions, emphasizing the Assessee's prima facie case and directing expedited appeal hearings. Case-Laws Income Tax Fri, 22 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332547