https://www.taxtmi.com/caselaws?id=342036 The Tribunal ruled in favor of the assessee by overturning the transfer pricing adjustment of Rs. 45,68,000/-, disallowance under Section 40(a)(ia) for non-deduction of TDS on various expenses amounting to Rs. 2,84,52,914/-, disallowance under Section 40(a)(i) for non-deduction of TDS on rent, disallowance under Section 40(a)(iii) for non-deduction of TDS on salaries paid outside India totaling Rs. 39,73,746/-, disallowance of interest under Section 36(1)(iii) of Rs. 3,40,000/-, and an addition for non-declaration of receipts on the sale of assets worth Rs. 57,68,163/-. The Tribunal emphasized the importance of reliable data and proper application of tax provisions in its decisions. en-us Thu, 09 Mar 2017 00:00:00 +0530 Mon, 24 Apr 2017 07:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342036 The Tribunal ruled in favor of the assessee by overturning the transfer pricing adjustment of Rs. 45,68,000/-, disallowance under Section 40(a)(ia) for non-deduction of TDS on various expenses amounting to Rs. 2,84,52,914/-, disallowance under Section 40(a)(i) for non-deduction of TDS on rent, disallowance under Section 40(a)(iii) for non-deduction of TDS on salaries paid outside India totaling Rs. 39,73,746/-, disallowance of interest under Section 36(1)(iii) of Rs. 3,40,000/-, and an addition for non-declaration of receipts on the sale of assets worth Rs. 57,68,163/-. The Tribunal emphasized the importance of reliable data and proper application of tax provisions in its decisions. Case-Laws Income Tax Thu, 09 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342036