https://www.taxtmi.com/caselaws?id=200639 The Tribunal partially allowed the appeal, directing adjustments and verifications on various issues such as Transfer Pricing Adjustment and Selection of Comparables, Disallowance of Foreign Exchange Fluctuation Loss, and Short Grant of Credit for Advance Tax. However, certain disallowances, including Provision for Legal and Professional Charges and Disallowance of Freight Charges, were upheld due to insufficient evidence or arguments presented by the assessee. The Tribunal ordered reassessment on specific matters and granted the assessee an opportunity to provide additional supporting evidence. en-us Wed, 19 Oct 2016 00:00:00 +0530 Tue, 10 Apr 2018 08:22:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200639 The Tribunal partially allowed the appeal, directing adjustments and verifications on various issues such as Transfer Pricing Adjustment and Selection of Comparables, Disallowance of Foreign Exchange Fluctuation Loss, and Short Grant of Credit for Advance Tax. However, certain disallowances, including Provision for Legal and Professional Charges and Disallowance of Freight Charges, were upheld due to insufficient evidence or arguments presented by the assessee. The Tribunal ordered reassessment on specific matters and granted the assessee an opportunity to provide additional supporting evidence. Case-Laws Income Tax Wed, 19 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200639