https://www.taxtmi.com/caselaws?id=348396 The tribunal partly allowed the assessee's appeal, directing the disallowance of interest on External Commercial Borrowings (ECBs) and circuit accruals to be deleted. The tribunal also allowed the provision for year-end accruals and revenue share-based license fee, citing previous rulings. Dismissals included the unexplained investment ground. Transfer pricing matters were partially allowed for re-examination. Consequential grounds regarding interest levy, withdrawal, and penalty proceedings saw no interference. The revenue's appeal on support service expenditure was dismissed, maintaining consistency with precedents from the previous assessment year. en-us Mon, 18 Sep 2017 00:00:00 +0530 Thu, 21 Sep 2017 12:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348396 The tribunal partly allowed the assessee's appeal, directing the disallowance of interest on External Commercial Borrowings (ECBs) and circuit accruals to be deleted. The tribunal also allowed the provision for year-end accruals and revenue share-based license fee, citing previous rulings. Dismissals included the unexplained investment ground. Transfer pricing matters were partially allowed for re-examination. Consequential grounds regarding interest levy, withdrawal, and penalty proceedings saw no interference. The revenue's appeal on support service expenditure was dismissed, maintaining consistency with precedents from the previous assessment year. Case-Laws Income Tax Mon, 18 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348396