https://www.taxtmi.com/caselaws?id=357922 The Tribunal allowed the appeal, directing the deletion of disallowed deductions for advance written off, non-charging of mark-up, and year-end accruals. It excluded government undertakings from transfer pricing comparables, ordered full TDS credit, and noted the consequential nature of excess interest levy. Penalty proceedings initiation was deemed premature, leading to no adjudication. The AO was instructed to rectify issues in line with the Tribunal's findings. en-us Thu, 15 Feb 2018 00:00:00 +0530 Mon, 02 Apr 2018 08:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357922 The Tribunal allowed the appeal, directing the deletion of disallowed deductions for advance written off, non-charging of mark-up, and year-end accruals. It excluded government undertakings from transfer pricing comparables, ordered full TDS credit, and noted the consequential nature of excess interest levy. Penalty proceedings initiation was deemed premature, leading to no adjudication. The AO was instructed to rectify issues in line with the Tribunal's findings. Case-Laws Income Tax Thu, 15 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357922