https://www.taxtmi.com/caselaws?id=354753 The appeal filed by the assessee was partly allowed for statistical purposes. Grounds 1 to 8 related to transfer pricing matters were dismissed as withdrawn as the assessee accepted the transfer pricing additions per the MAP resolution. Grounds 9 and 10 concerning foreign exchange loss and R&D cess were allowed for a revisit to the AO/TPO in light of the MAP resolution. Ground 11 on disallowance under Section 14A was allowed as no exempt income was received. Ground 12 on the disallowance of brought forward losses and MAT credit was restored to the AO for a speaking order. The Tribunal stressed providing the assessee with due opportunity in the adjudication process. en-us Tue, 30 Jan 2018 00:00:00 +0530 Sat, 03 Feb 2018 08:34:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354753 The appeal filed by the assessee was partly allowed for statistical purposes. Grounds 1 to 8 related to transfer pricing matters were dismissed as withdrawn as the assessee accepted the transfer pricing additions per the MAP resolution. Grounds 9 and 10 concerning foreign exchange loss and R&D cess were allowed for a revisit to the AO/TPO in light of the MAP resolution. Ground 11 on disallowance under Section 14A was allowed as no exempt income was received. Ground 12 on the disallowance of brought forward losses and MAT credit was restored to the AO for a speaking order. The Tribunal stressed providing the assessee with due opportunity in the adjudication process. Case-Laws Income Tax Tue, 30 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354753