https://www.taxtmi.com/caselaws?id=196587 The Tribunal partly allowed the appeal by directing the AO/TPO to recompute the arm's length price (ALP) of international transactions with the assessee as the tested party. The issue of disallowance of depreciation on leased vehicles was remitted to the AO for fresh examination. The addition of interest on sticky loans was disallowed based on earlier Tribunal decisions and a Supreme Court judgment. The order was pronounced on 08.07.2016. en-us Fri, 08 Jul 2016 00:00:00 +0530 Sat, 20 Jan 2018 10:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196587 The Tribunal partly allowed the appeal by directing the AO/TPO to recompute the arm's length price (ALP) of international transactions with the assessee as the tested party. The issue of disallowance of depreciation on leased vehicles was remitted to the AO for fresh examination. The addition of interest on sticky loans was disallowed based on earlier Tribunal decisions and a Supreme Court judgment. The order was pronounced on 08.07.2016. Case-Laws Income Tax Fri, 08 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196587