https://www.taxtmi.com/caselaws?id=286586 The appeal was partly allowed, with various issues remitted back to the AO for re-examination. The Tribunal upheld decisions on transfer pricing adjustments, disallowance of commission expenses, disallowance under Section 14A, disallowance of indirect expenses on a new project, disallowance of interest expenses, disallowance of ex-gratia payments, and disallowance of royalty expenses. The Tribunal allowed depreciation on civil construction and deemed penalty proceedings premature. The Tribunal's rulings aimed to ensure the correct application of law and principles of natural justice. en-us Fri, 04 Dec 2015 00:00:00 +0530 Thu, 05 Mar 2020 09:59:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286586 The appeal was partly allowed, with various issues remitted back to the AO for re-examination. The Tribunal upheld decisions on transfer pricing adjustments, disallowance of commission expenses, disallowance under Section 14A, disallowance of indirect expenses on a new project, disallowance of interest expenses, disallowance of ex-gratia payments, and disallowance of royalty expenses. The Tribunal allowed depreciation on civil construction and deemed penalty proceedings premature. The Tribunal's rulings aimed to ensure the correct application of law and principles of natural justice. Case-Laws Income Tax Fri, 04 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286586