https://www.taxtmi.com/caselaws?id=278111 The appeal was partly allowed for statistical purposes, with directions for fresh examination on several issues. The Tribunal emphasized the need for proper benchmarking methods and justified the assessee's status as a licensed manufacturer, impacting the disallowance of royalty and technical knowhow fees. The disallowance of Diwali gifts was upheld with directions to avoid double taxation, and the disallowance of gift articles was confirmed. The addition based on 26AS required further examination. en-us Wed, 31 Oct 2018 00:00:00 +0530 Thu, 10 Jan 2019 06:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278111 The appeal was partly allowed for statistical purposes, with directions for fresh examination on several issues. The Tribunal emphasized the need for proper benchmarking methods and justified the assessee's status as a licensed manufacturer, impacting the disallowance of royalty and technical knowhow fees. The disallowance of Diwali gifts was upheld with directions to avoid double taxation, and the disallowance of gift articles was confirmed. The addition based on 26AS required further examination. Case-Laws Income Tax Wed, 31 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278111