https://www.taxtmi.com/caselaws?id=356104 The ITAT ruled in favor of the appellant, setting aside the authorities' decisions and deleting the entire addition on Transfer Pricing Grounds. The appellant's claims on Corporate Tax Grounds for advance written off and stock written off were disallowed due to insufficient evidence. An alternative claim regarding the Cost Plus Method was rejected. The ITAT remanded the issue of excess depreciation claim for verification. Overall, the appeal was partly allowed in favor of the appellant on Transfer Pricing Grounds and one other issue, while the disallowances on advance and stock written off were upheld. en-us Wed, 21 Feb 2018 00:00:00 +0530 Mon, 14 May 2018 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356104 The ITAT ruled in favor of the appellant, setting aside the authorities' decisions and deleting the entire addition on Transfer Pricing Grounds. The appellant's claims on Corporate Tax Grounds for advance written off and stock written off were disallowed due to insufficient evidence. An alternative claim regarding the Cost Plus Method was rejected. The ITAT remanded the issue of excess depreciation claim for verification. Overall, the appeal was partly allowed in favor of the appellant on Transfer Pricing Grounds and one other issue, while the disallowances on advance and stock written off were upheld. Case-Laws Income Tax Wed, 21 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356104