https://www.taxtmi.com/caselaws?id=384509 The Tribunal allowed the assessee's appeal partly, dismissing the Revenue's appeal. The Tribunal held in favor of the assessee on various issues including transfer pricing adjustment on AMP expenditure, adjustment to arm's length price of royalty, addition of unutilized MODVAT/CENVAT credit, re-computation of depreciation, disallowance of product development expenditure, legal and professional fees, and treatment of interest income. The Tribunal directed adjustments and dismissals on different grounds, ultimately resulting in partial success for the assessee. en-us Fri, 19 Jul 2019 00:00:00 +0530 Fri, 16 Aug 2019 07:49:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384509 The Tribunal allowed the assessee's appeal partly, dismissing the Revenue's appeal. The Tribunal held in favor of the assessee on various issues including transfer pricing adjustment on AMP expenditure, adjustment to arm's length price of royalty, addition of unutilized MODVAT/CENVAT credit, re-computation of depreciation, disallowance of product development expenditure, legal and professional fees, and treatment of interest income. The Tribunal directed adjustments and dismissals on different grounds, ultimately resulting in partial success for the assessee. Case-Laws Income Tax Fri, 19 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384509