https://www.taxtmi.com/caselaws?id=196876 The Tribunal partially allowed the appeal, directing the AO to re-examine payments for collaborative projects. The Tribunal reversed the disallowance under Section 80M, finding it ad hoc without substantial evidence. Additionally, the Tribunal overturned the adjustment under transfer pricing provisions, noting previous decisions in favor of the assessee and lack of challenge by the AO. The judgment was pronounced on January 8, 2016. en-us Fri, 08 Jan 2016 00:00:00 +0530 Mon, 18 Dec 2017 11:35:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196876 The Tribunal partially allowed the appeal, directing the AO to re-examine payments for collaborative projects. The Tribunal reversed the disallowance under Section 80M, finding it ad hoc without substantial evidence. Additionally, the Tribunal overturned the adjustment under transfer pricing provisions, noting previous decisions in favor of the assessee and lack of challenge by the AO. The judgment was pronounced on January 8, 2016. Case-Laws Income Tax Fri, 08 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196876