https://www.taxtmi.com/caselaws?id=360373 The Tribunal ruled in favor of the assessee regarding the Arm's Length payment under the Service Level Agreement with ANPAP, stating the payment was at Arm's Length and directed the deletion of the addition made by revenue authorities. The Tribunal remanded the determination of Arm's Length Price for services by ANCR back to the TPO for detailed analysis. Additionally, the Tribunal upheld the allowance of depreciation on slump sale, classification and depreciation of colour solution machines, and disallowed the revenue's appeal on the disallowance under Section 14A. en-us Wed, 14 Feb 2018 00:00:00 +0530 Wed, 16 May 2018 06:44:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360373 The Tribunal ruled in favor of the assessee regarding the Arm's Length payment under the Service Level Agreement with ANPAP, stating the payment was at Arm's Length and directed the deletion of the addition made by revenue authorities. The Tribunal remanded the determination of Arm's Length Price for services by ANCR back to the TPO for detailed analysis. Additionally, the Tribunal upheld the allowance of depreciation on slump sale, classification and depreciation of colour solution machines, and disallowed the revenue's appeal on the disallowance under Section 14A. Case-Laws Income Tax Wed, 14 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360373