https://www.taxtmi.com/caselaws?id=280209 The Tribunal ruled in favor of the Assessee, directing the deletion of transfer pricing adjustments related to contract revenue, payment for technical services, and disallowance of payments for technical drawings and designs. The Tribunal also upheld the allowance of warranty provisions disallowed by the Revenue. Additionally, the Tribunal instructed the AO to allow due credit for TDS and dismissed penalty proceedings as premature. en-us Tue, 28 Feb 2017 00:00:00 +0530 Thu, 25 Apr 2019 06:32:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280209 The Tribunal ruled in favor of the Assessee, directing the deletion of transfer pricing adjustments related to contract revenue, payment for technical services, and disallowance of payments for technical drawings and designs. The Tribunal also upheld the allowance of warranty provisions disallowed by the Revenue. Additionally, the Tribunal instructed the AO to allow due credit for TDS and dismissed penalty proceedings as premature. Case-Laws Income Tax Tue, 28 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280209