https://www.taxtmi.com/highlights?id=48906 TP Adjustment u/s 40A(2) r.w.s 37 - management fee - Neither the TPO nor the AO have brought any material on record indicating the assessee’s excessive impugned payments as the statutory provision in question is applicable only for excessive component of the relevant heads of the expenditure than that in entirety - the CIT(A) action deleting the upward adjustment is affirmed en-us Tue, 27 Aug 2019 07:52:40 +0530 Tue, 27 Aug 2019 07:52:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48906 TP Adjustment u/s 40A(2) r.w.s 37 - management fee - Neither the TPO nor the AO have brought any material on record indicating the assessee’s excessive impugned payments as the statutory provision in question is applicable only for excessive component of the relevant heads of the expenditure than that in entirety - the CIT(A) action deleting the upward adjustment is affirmed Highlights Income Tax Tue, 27 Aug 2019 07:52:40 +0530 https://www.taxtmi.com/highlights?id=48906