https://www.taxtmi.com/caselaws?id=345928 The Tribunal set aside the adjustment made by the Assessing Officer/Transfer Pricing Officer regarding intra-group services transactions, directing a fresh examination of evidence on the actual rendering of services. The Tribunal found the initiation of penalty proceedings premature and dismissed those grounds. The Tribunal emphasized the need for credible evidence to substantiate the receipt of services and provided specific directions for further assessment by the tax authorities. en-us Fri, 31 Mar 2017 00:00:00 +0530 Fri, 28 Jul 2017 15:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345928 The Tribunal set aside the adjustment made by the Assessing Officer/Transfer Pricing Officer regarding intra-group services transactions, directing a fresh examination of evidence on the actual rendering of services. The Tribunal found the initiation of penalty proceedings premature and dismissed those grounds. The Tribunal emphasized the need for credible evidence to substantiate the receipt of services and provided specific directions for further assessment by the tax authorities. Case-Laws Income Tax Fri, 31 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345928