https://www.taxtmi.com/caselaws?id=364238 The appeal of the assessee was dismissed, and the appeal of the Revenue was partly allowed for statistical purposes. The Tribunal remitted the issue of TP adjustment back to the Assessing Officer for further study by the TPO, while upholding the disallowance of notional interest and supporting the classification of renovation expenses as revenue expenditure. en-us Tue, 10 Apr 2018 00:00:00 +0530 Tue, 24 Jul 2018 18:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364238 The appeal of the assessee was dismissed, and the appeal of the Revenue was partly allowed for statistical purposes. The Tribunal remitted the issue of TP adjustment back to the Assessing Officer for further study by the TPO, while upholding the disallowance of notional interest and supporting the classification of renovation expenses as revenue expenditure. Case-Laws Income Tax Tue, 10 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364238