https://www.taxtmi.com/caselaws?id=395778 The Tribunal upheld the validity of the draft assessment order under Section 144C dated 27/11/2015. The grounds challenging the order's validity were dismissed. The issues regarding foreign exchange loss, relief under Section 90, and short grant of credit for tax deducted at source were also dismissed. The Transfer Pricing adjustments made by the Transfer Pricing Officer were upheld. The appeal was allowed in part, with directions for the Assessing Officer to grant appropriate tax credit after verification. en-us Fri, 29 May 2020 00:00:00 +0530 Sat, 06 Jun 2020 22:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395778 The Tribunal upheld the validity of the draft assessment order under Section 144C dated 27/11/2015. The grounds challenging the order's validity were dismissed. The issues regarding foreign exchange loss, relief under Section 90, and short grant of credit for tax deducted at source were also dismissed. The Transfer Pricing adjustments made by the Transfer Pricing Officer were upheld. The appeal was allowed in part, with directions for the Assessing Officer to grant appropriate tax credit after verification. Case-Laws Income Tax Fri, 29 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395778