https://www.taxtmi.com/caselaws?id=397229 The Tribunal partly allowed the appeal, granting relief on the arm's-length price (ALP) adjustments for international transactions and remanding the late recovery of expenses issue for reconsideration. The disallowance of foreign travel expenses was upheld pending verification of fringe benefit tax payment, while the Tax Deducted at Source (TDS) credit ground was dismissed. The Tribunal acknowledged the delay in the order due to the COVID-19 pandemic and extended the limitation period, justifying the delay under Rule 34(5)(c). en-us Fri, 31 Jul 2020 00:00:00 +0530 Sat, 08 Aug 2020 20:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397229 The Tribunal partly allowed the appeal, granting relief on the arm's-length price (ALP) adjustments for international transactions and remanding the late recovery of expenses issue for reconsideration. The disallowance of foreign travel expenses was upheld pending verification of fringe benefit tax payment, while the Tax Deducted at Source (TDS) credit ground was dismissed. The Tribunal acknowledged the delay in the order due to the COVID-19 pandemic and extended the limitation period, justifying the delay under Rule 34(5)(c). Case-Laws Income Tax Fri, 31 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397229