https://www.taxtmi.com/caselaws?id=272741 The tribunal ruled in favor of the appellant on various issues, including the adjustment to Arm's Length Price (ALP) for international transactions, allowing depreciation on Intellectual Property Rights (IPR) without government recognition, permitting depreciation on Goodwill, directing verification and allowance of TDS credit, recognizing provision for warranty as an ascertained liability, allowing provision for obsolescence of inventory as a business loss under normal provisions, and permitting provision for interest on delayed payments under the MSMED Act without adding back while computing book profits under Section 115JB. The tribunal emphasized adherence to regulatory guidelines and judicial precedents in its decisions. en-us Wed, 13 Sep 2017 00:00:00 +0530 Wed, 16 May 2018 14:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272741 The tribunal ruled in favor of the appellant on various issues, including the adjustment to Arm's Length Price (ALP) for international transactions, allowing depreciation on Intellectual Property Rights (IPR) without government recognition, permitting depreciation on Goodwill, directing verification and allowance of TDS credit, recognizing provision for warranty as an ascertained liability, allowing provision for obsolescence of inventory as a business loss under normal provisions, and permitting provision for interest on delayed payments under the MSMED Act without adding back while computing book profits under Section 115JB. The tribunal emphasized adherence to regulatory guidelines and judicial precedents in its decisions. Case-Laws Income Tax Wed, 13 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272741