https://www.taxtmi.com/caselaws?id=282849 The Tribunal allowed the appeal in part, deleting various disallowances including Transfer Pricing Adjustment on Advertisement, Marketing, and Sales Promotion expenses, Disallowance of Brand Expenses, Disallowance of Provision for Transit Breakages, Disallowance under Sections 40(a)(ia) and 14A, Disallowance of Unexplained Expenses, Disallowance under Section 40A(3) for Cash Payments, and Disallowance for Non-Verification of Payments to Certain Parties. The Tribunal directed the Assessing Officer to verify specific claims and dismissed the initiation of Penalty Proceedings under Section 271(1)(c). en-us Fri, 15 Mar 2019 00:00:00 +0530 Tue, 18 Apr 2023 13:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282849 The Tribunal allowed the appeal in part, deleting various disallowances including Transfer Pricing Adjustment on Advertisement, Marketing, and Sales Promotion expenses, Disallowance of Brand Expenses, Disallowance of Provision for Transit Breakages, Disallowance under Sections 40(a)(ia) and 14A, Disallowance of Unexplained Expenses, Disallowance under Section 40A(3) for Cash Payments, and Disallowance for Non-Verification of Payments to Certain Parties. The Tribunal directed the Assessing Officer to verify specific claims and dismissed the initiation of Penalty Proceedings under Section 271(1)(c). Case-Laws Income Tax Fri, 15 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282849