https://www.taxtmi.com/caselaws?id=396799 The appeal was partly allowed, granting a proportionate deduction for repairs and maintenance for the remaining seven months, and deleting the addition made on account of transfer pricing adjustment for manning services. The issue of penalty proceedings under Section 271(1)(c) was deemed premature and not addressed substantively. en-us Fri, 17 Jul 2020 00:00:00 +0530 Mon, 20 Jul 2020 13:23:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396799 The appeal was partly allowed, granting a proportionate deduction for repairs and maintenance for the remaining seven months, and deleting the addition made on account of transfer pricing adjustment for manning services. The issue of penalty proceedings under Section 271(1)(c) was deemed premature and not addressed substantively. Case-Laws Income Tax Fri, 17 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396799