https://www.taxtmi.com/caselaws?id=291164 The case involved various issues including the validity of directions by the Dispute Resolution Panel (DRP), transfer pricing adjustment on interest payment on Fully and Compulsorily Convertible Debentures (FCCDs), disallowance of interest under Section 36(1)(iii) of the Income Tax Act, addition of notional interest income on inter-corporate loan, credit of Minimum Alternate Tax (MAT) under Section 115JAA, charging of interest under Section 234B, and initiation of penalty proceedings under Section 271(1)(c). The Tribunal partly allowed the appeal, directing re-examination and verification of certain issues by the Assessing Officer and Transfer Pricing Officer, while dismissing the stay application as infructuous. en-us Fri, 14 Jun 2019 00:00:00 +0530 Fri, 30 Oct 2020 10:14:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291164 The case involved various issues including the validity of directions by the Dispute Resolution Panel (DRP), transfer pricing adjustment on interest payment on Fully and Compulsorily Convertible Debentures (FCCDs), disallowance of interest under Section 36(1)(iii) of the Income Tax Act, addition of notional interest income on inter-corporate loan, credit of Minimum Alternate Tax (MAT) under Section 115JAA, charging of interest under Section 234B, and initiation of penalty proceedings under Section 271(1)(c). The Tribunal partly allowed the appeal, directing re-examination and verification of certain issues by the Assessing Officer and Transfer Pricing Officer, while dismissing the stay application as infructuous. Case-Laws Income Tax Fri, 14 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291164