https://www.taxtmi.com/caselaws?id=384259 The Tribunal upheld the deletion of Transfer Pricing additions for Royalty payments and Receipt of indenting commission, while confirming the addition for Export of manufactured finished goods. Disallowances under Sections 35DD and 35DDA were deleted, and deductions for premises expenses, Miscellaneous expenses, provision for warranty, and Education Cess were allowed. The Tribunal directed proper methods in Transfer Pricing and adherence to precedents, emphasizing accurate determination of Arm's Length Price and deduction eligibility. The appeals were partly allowed for both parties, with specific directions for fresh determinations and consistency with past decisions. en-us Mon, 05 Aug 2019 00:00:00 +0530 Thu, 08 Aug 2019 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384259 The Tribunal upheld the deletion of Transfer Pricing additions for Royalty payments and Receipt of indenting commission, while confirming the addition for Export of manufactured finished goods. Disallowances under Sections 35DD and 35DDA were deleted, and deductions for premises expenses, Miscellaneous expenses, provision for warranty, and Education Cess were allowed. The Tribunal directed proper methods in Transfer Pricing and adherence to precedents, emphasizing accurate determination of Arm's Length Price and deduction eligibility. The appeals were partly allowed for both parties, with specific directions for fresh determinations and consistency with past decisions. Case-Laws Income Tax Mon, 05 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384259