https://www.taxtmi.com/caselaws?id=382964 The Tribunal allowed the assessee's appeal in part, directing the exclusion of extraordinary expenditure on expats' remuneration from operating expenses and permitting the good work reward under the Management Incentive Bonus Plan. The Tribunal also allowed the provision for warranty and the treatment of compensation income as operating income. However, the Tribunal dismissed the Revenue's appeal on the restriction of transfer pricing adjustment and the deletion of addition on account of payment of retention bonus. The Tribunal remitted the issue of transfer pricing adjustment of product development and testing for further verification. en-us Tue, 09 Jul 2019 00:00:00 +0530 Fri, 12 Jul 2019 14:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382964 The Tribunal allowed the assessee's appeal in part, directing the exclusion of extraordinary expenditure on expats' remuneration from operating expenses and permitting the good work reward under the Management Incentive Bonus Plan. The Tribunal also allowed the provision for warranty and the treatment of compensation income as operating income. However, the Tribunal dismissed the Revenue's appeal on the restriction of transfer pricing adjustment and the deletion of addition on account of payment of retention bonus. The Tribunal remitted the issue of transfer pricing adjustment of product development and testing for further verification. Case-Laws Income Tax Tue, 09 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382964