https://www.taxtmi.com/caselaws?id=373426 The Tribunal remitted the issue of disallowance of GBU service charges back to the Assessing Officer (AO) for fresh adjudication, directing the assessee to demonstrate the nexus between services provided by the holding company and the subsidiary with demonstrative evidence. The charging of interest under sections 234B/C/D was acknowledged as consequential to the primary issue's determination. All three appeals were allowed for statistical purposes. en-us Thu, 10 Jan 2019 00:00:00 +0530 Fri, 11 Jan 2019 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373426 The Tribunal remitted the issue of disallowance of GBU service charges back to the Assessing Officer (AO) for fresh adjudication, directing the assessee to demonstrate the nexus between services provided by the holding company and the subsidiary with demonstrative evidence. The charging of interest under sections 234B/C/D was acknowledged as consequential to the primary issue's determination. All three appeals were allowed for statistical purposes. Case-Laws Income Tax Thu, 10 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373426