https://www.taxtmi.com/caselaws?id=338006 The Tribunal allowed the assessee's appeal on various grounds, including Transfer Pricing (TP) adjustments on corporate guarantees, export agency commission, hedging losses, actual loss on exchange differences, and additional depreciation. However, it upheld TP adjustment on brand promotion expenses and the charging of notional royalty to tax. The issue under Section 14A was remitted back to the Assessing Officer for fresh consideration, and the Revenue's appeal was dismissed as it became infructuous. en-us Wed, 30 Nov 2016 00:00:00 +0530 Mon, 23 Jan 2017 08:55:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338006 The Tribunal allowed the assessee's appeal on various grounds, including Transfer Pricing (TP) adjustments on corporate guarantees, export agency commission, hedging losses, actual loss on exchange differences, and additional depreciation. However, it upheld TP adjustment on brand promotion expenses and the charging of notional royalty to tax. The issue under Section 14A was remitted back to the Assessing Officer for fresh consideration, and the Revenue's appeal was dismissed as it became infructuous. Case-Laws Income Tax Wed, 30 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338006