https://www.taxtmi.com/caselaws?id=380870 The Tribunal set aside certain issues to the Assessing Officer for fresh consideration based on a pending Supreme Court decision. Other grounds were either allowed or dismissed in line with existing judicial precedents and the case facts. The Tribunal rejected the Transfer Pricing Officer's adjustment on Advertisement, Marketing, and Promotion (AMP) expenses, disallowed bad debts written off, and interest expenditure disallowance. It also upheld the decision on the transfer pricing adjustment related to export of goods and disallowance of extra depreciation on computer peripherals. The levy of interest under Sections 234B and 234C of the Act was deemed consequential and required no further adjudication. en-us Mon, 27 May 2019 00:00:00 +0530 Wed, 29 May 2019 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380870 The Tribunal set aside certain issues to the Assessing Officer for fresh consideration based on a pending Supreme Court decision. Other grounds were either allowed or dismissed in line with existing judicial precedents and the case facts. The Tribunal rejected the Transfer Pricing Officer's adjustment on Advertisement, Marketing, and Promotion (AMP) expenses, disallowed bad debts written off, and interest expenditure disallowance. It also upheld the decision on the transfer pricing adjustment related to export of goods and disallowance of extra depreciation on computer peripherals. The levy of interest under Sections 234B and 234C of the Act was deemed consequential and required no further adjudication. Case-Laws Income Tax Mon, 27 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380870