https://www.taxtmi.com/caselaws?id=376608 The Tribunal upheld the CIT(A)'s decisions on all issues, including the determination of the applicable date of the Buying Agency Services Agreement, justification of the difference in cost allocation, classification of consideration received as not Fee for Technical Services, deletion of interest under section 234B, validity of initiation of reassessment proceedings, and deletion of penalty under section 271(1)(c). The Tribunal dismissed both appeals by the Revenue and did not admit the cross objection by the assessee, pronouncing the judgment on January 29, 2019. en-us Tue, 29 Jan 2019 00:00:00 +0530 Wed, 13 Mar 2019 08:33:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376608 The Tribunal upheld the CIT(A)'s decisions on all issues, including the determination of the applicable date of the Buying Agency Services Agreement, justification of the difference in cost allocation, classification of consideration received as not Fee for Technical Services, deletion of interest under section 234B, validity of initiation of reassessment proceedings, and deletion of penalty under section 271(1)(c). The Tribunal dismissed both appeals by the Revenue and did not admit the cross objection by the assessee, pronouncing the judgment on January 29, 2019. Case-Laws Income Tax Tue, 29 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376608