https://www.taxtmi.com/caselaws?id=344177 The Tribunal dismissed the appeals by the AO and partly allowed the appeals by the assessee. It upheld the FAA's decisions on the treatment of management fees under section 44C, exempting license fees and IT recharge. Additionally, it ruled in favor of the assessee regarding the levy of interest under section 234B and the correct exchange rate application for foreign currency conversions. en-us Wed, 07 Jun 2017 00:00:00 +0530 Thu, 28 Feb 2019 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344177 The Tribunal dismissed the appeals by the AO and partly allowed the appeals by the assessee. It upheld the FAA's decisions on the treatment of management fees under section 44C, exempting license fees and IT recharge. Additionally, it ruled in favor of the assessee regarding the levy of interest under section 234B and the correct exchange rate application for foreign currency conversions. Case-Laws Income Tax Wed, 07 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344177