https://www.taxtmi.com/caselaws?id=348398 The appeal of the assessee was allowed, and the appeal of the Revenue was dismissed. The Tribunal ruled in favor of the assessee on various issues, including the exclusion of Motilal Oswal Investment Advisors Pvt. Limited and M/s. Keynote Corporate Services Ltd. as comparables, recharacterization of delayed advisory fees, benchmarking delay using the LIBOR rate, and disallowance of bonus paid to employees/shareholders. The Tribunal also found that the TPO did not apply prescribed methods for benchmarking delay in receipt of advisory fees. en-us Tue, 19 Sep 2017 00:00:00 +0530 Thu, 21 Sep 2017 07:14:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348398 The appeal of the assessee was allowed, and the appeal of the Revenue was dismissed. The Tribunal ruled in favor of the assessee on various issues, including the exclusion of Motilal Oswal Investment Advisors Pvt. Limited and M/s. Keynote Corporate Services Ltd. as comparables, recharacterization of delayed advisory fees, benchmarking delay using the LIBOR rate, and disallowance of bonus paid to employees/shareholders. The Tribunal also found that the TPO did not apply prescribed methods for benchmarking delay in receipt of advisory fees. Case-Laws Income Tax Tue, 19 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348398