https://www.taxtmi.com/caselaws?id=339526 The Tribunal directed the deletion of the transfer pricing adjustment of Rs. 5.53 crores related to the acquisition of intangible assets. The appeal was partly allowed, with the issues of interest under Section 234B being consequential and the initiation of penalty proceedings under Section 271(1)(c) being dismissed as premature. en-us Wed, 25 Jan 2017 00:00:00 +0530 Wed, 01 Mar 2017 09:05:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339526 The Tribunal directed the deletion of the transfer pricing adjustment of Rs. 5.53 crores related to the acquisition of intangible assets. The appeal was partly allowed, with the issues of interest under Section 234B being consequential and the initiation of penalty proceedings under Section 271(1)(c) being dismissed as premature. Case-Laws Income Tax Wed, 25 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339526