https://www.taxtmi.com/caselaws?id=286045 The Tribunal partly allowed the assessee's appeals, directing specific actions on each issue. Disallowance of professional charges and foreign travel expenses was upheld. Arm's Length Price adjustments were made for interest on advances to Associate Enterprise, but interest on receivables was not charged. Disallowance of employee Provident Fund contributions was allowed due to timely payment. Exemption under Section 10A was granted for enhanced profits, excluding ALP adjustments. Charging interest under Section 234B was upheld as mandatory. The order was pronounced on 7th September 2018. en-us Fri, 07 Sep 2018 00:00:00 +0530 Mon, 10 Feb 2020 18:55:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286045 The Tribunal partly allowed the assessee's appeals, directing specific actions on each issue. Disallowance of professional charges and foreign travel expenses was upheld. Arm's Length Price adjustments were made for interest on advances to Associate Enterprise, but interest on receivables was not charged. Disallowance of employee Provident Fund contributions was allowed due to timely payment. Exemption under Section 10A was granted for enhanced profits, excluding ALP adjustments. Charging interest under Section 234B was upheld as mandatory. The order was pronounced on 7th September 2018. Case-Laws Income Tax Fri, 07 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286045