https://www.taxtmi.com/caselaws?id=380961 The Tribunal ruled in favor of the assessee, directing the deletion of various disallowances including transfer pricing adjustments, circuit accruals, year-end accruals, service tax payable, support service expenditure, lease line charges, short deduction of tax at source, and foreign exchange loss. The Tribunal also directed the granting of credit for taxes deducted at source and dismissed the levy of interest under sections 234B and 234C. Penalty proceedings were deemed premature. The Tribunal's decisions were supported by precedents and judicial rulings, providing relief to the assessee on multiple grounds. en-us Mon, 27 May 2019 00:00:00 +0530 Fri, 31 May 2019 14:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380961 The Tribunal ruled in favor of the assessee, directing the deletion of various disallowances including transfer pricing adjustments, circuit accruals, year-end accruals, service tax payable, support service expenditure, lease line charges, short deduction of tax at source, and foreign exchange loss. The Tribunal also directed the granting of credit for taxes deducted at source and dismissed the levy of interest under sections 234B and 234C. Penalty proceedings were deemed premature. The Tribunal's decisions were supported by precedents and judicial rulings, providing relief to the assessee on multiple grounds. Case-Laws Income Tax Mon, 27 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380961