https://www.taxtmi.com/caselaws?id=342791 The Tribunal upheld the DRP's decisions on most issues, allowing the assessee's appeals in part and dismissing the Revenue's appeal. Specific adjustments were directed by the Tribunal, including the determination of ALP for loans, disallowance of corporate guarantee charges, treatment of ESOP expenses as revenue, allowance of depreciation on goodwill, weighted deduction under section 35(2AB), verification of maintenance expenditure, and allocation of corporate overheads. The Tribunal also directed the A.O. to allow the profit share to DRL Switzerland, considering it a legitimate business arrangement. en-us Fri, 28 Apr 2017 00:00:00 +0530 Wed, 29 Nov 2017 16:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342791 The Tribunal upheld the DRP's decisions on most issues, allowing the assessee's appeals in part and dismissing the Revenue's appeal. Specific adjustments were directed by the Tribunal, including the determination of ALP for loans, disallowance of corporate guarantee charges, treatment of ESOP expenses as revenue, allowance of depreciation on goodwill, weighted deduction under section 35(2AB), verification of maintenance expenditure, and allocation of corporate overheads. The Tribunal also directed the A.O. to allow the profit share to DRL Switzerland, considering it a legitimate business arrangement. Case-Laws Income Tax Fri, 28 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342791