https://www.taxtmi.com/caselaws?id=194467 The Tribunal partially allowed the appeal by directing the exclusion of certain comparables and recompute margins. It upheld the disallowance of expenses under Section 37(1) related to payments to doctors, meeting/seminar expenses, and sponsorship payments. The Tribunal also instructed the Transfer Pricing Officer to reassess interest on receivables, while leaving the issues of penalty proceedings and charging of interest under Sections 234A, 234B, and 234C unanswered. en-us Wed, 30 Nov 2016 00:00:00 +0530 Sat, 09 Sep 2017 09:17:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194467 The Tribunal partially allowed the appeal by directing the exclusion of certain comparables and recompute margins. It upheld the disallowance of expenses under Section 37(1) related to payments to doctors, meeting/seminar expenses, and sponsorship payments. The Tribunal also instructed the Transfer Pricing Officer to reassess interest on receivables, while leaving the issues of penalty proceedings and charging of interest under Sections 234A, 234B, and 234C unanswered. Case-Laws Income Tax Wed, 30 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194467