https://www.taxtmi.com/caselaws?id=283599 The Tribunal addressed key issues including transfer pricing adjustments, depreciation rates on computer hardware and software, and disallowance of depreciation based on employee count. It found the TPO's use of outdated data inappropriate, upheld higher depreciation rates for computer peripherals and software, and rejected the linkage of depreciation to employee numbers. The Tribunal directed reassessment and correction of errors in interest computation under Section 234D, emphasizing accurate benchmarking and compliance with legal standards. Appeals were allowed for statistical purposes with specific directions for reassessment. en-us Wed, 14 Jan 2015 00:00:00 +0530 Thu, 14 Nov 2024 12:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283599 The Tribunal addressed key issues including transfer pricing adjustments, depreciation rates on computer hardware and software, and disallowance of depreciation based on employee count. It found the TPO's use of outdated data inappropriate, upheld higher depreciation rates for computer peripherals and software, and rejected the linkage of depreciation to employee numbers. The Tribunal directed reassessment and correction of errors in interest computation under Section 234D, emphasizing accurate benchmarking and compliance with legal standards. Appeals were allowed for statistical purposes with specific directions for reassessment. Case-Laws Income Tax Wed, 14 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283599