https://www.taxtmi.com/caselaws?id=358333 The Tribunal dismissed the appellant's challenge to the validity of the assessment order but allowed the appeal for statistical purposes on grounds related to the management fee and interest on advances. The Tribunal directed the Transfer Pricing Officer to reconsider these issues based on evidence. Additionally, the Tribunal allowed the appeal regarding the software license fee, recognizing it as a revenue expenditure. Other issues such as corporate tax disallowances, interest levies under sections 234B and 234D, and penalty proceedings under section 271(1)(c) were either dismissed or not specifically addressed in the judgment. en-us Wed, 28 Mar 2018 00:00:00 +0530 Tue, 10 Apr 2018 08:26:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358333 The Tribunal dismissed the appellant's challenge to the validity of the assessment order but allowed the appeal for statistical purposes on grounds related to the management fee and interest on advances. The Tribunal directed the Transfer Pricing Officer to reconsider these issues based on evidence. Additionally, the Tribunal allowed the appeal regarding the software license fee, recognizing it as a revenue expenditure. Other issues such as corporate tax disallowances, interest levies under sections 234B and 234D, and penalty proceedings under section 271(1)(c) were either dismissed or not specifically addressed in the judgment. Case-Laws Income Tax Wed, 28 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358333