https://www.taxtmi.com/caselaws?id=388933 The appeal was partly allowed for statistical purposes. The Transfer Pricing Adjustment issues were deemed academic. The Disallowance of Expenses under Section 14A was partially upheld, remitted back to the AO. The Claim of Deduction under Section 35(2AB) was allowed. The Disallowance of Additional Depreciation was overturned in favor of the assessee. Penalty Proceedings under Section 271(1)(c) were dismissed as premature. The Tribunal's order was pronounced on November 22, 2019. en-us Fri, 22 Nov 2019 00:00:00 +0530 Fri, 30 Sep 2022 18:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388933 The appeal was partly allowed for statistical purposes. The Transfer Pricing Adjustment issues were deemed academic. The Disallowance of Expenses under Section 14A was partially upheld, remitted back to the AO. The Claim of Deduction under Section 35(2AB) was allowed. The Disallowance of Additional Depreciation was overturned in favor of the assessee. Penalty Proceedings under Section 271(1)(c) were dismissed as premature. The Tribunal's order was pronounced on November 22, 2019. Case-Laws Income Tax Fri, 22 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388933