https://www.taxtmi.com/caselaws?id=337037 The Tribunal partly allowed the assessee's appeal. The issues concerning transfer pricing adjustment and FBT credit were remanded to the AO for reconsideration. The AO was directed to recompute the deduction under section 10AA without setting off brought forward losses first. The Tribunal dismissed the addition for bogus purchases. en-us Wed, 16 Nov 2016 00:00:00 +0530 Mon, 02 Jan 2017 12:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337037 The Tribunal partly allowed the assessee's appeal. The issues concerning transfer pricing adjustment and FBT credit were remanded to the AO for reconsideration. The AO was directed to recompute the deduction under section 10AA without setting off brought forward losses first. The Tribunal dismissed the addition for bogus purchases. Case-Laws Income Tax Wed, 16 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337037