https://www.taxtmi.com/caselaws?id=400281 The Tribunal partly allowed the appeals, directing the AO to re-examine various issues such as taxes paid overseas, advertisement expenditure, and provision of loans to AEs. The Tribunal upheld decisions on foreign tax credit, transfer pricing adjustments, and deduction under sections 10A/10AA. Issues like disallowance of payments to non-resident vendors and commission to non-residents were also addressed in favor of the assessee. The Tribunal's rulings were in line with established precedents and higher court judgments, ensuring a balanced outcome for the parties involved. en-us Tue, 18 Aug 2020 00:00:00 +0530 Mon, 02 Nov 2020 10:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400281 The Tribunal partly allowed the appeals, directing the AO to re-examine various issues such as taxes paid overseas, advertisement expenditure, and provision of loans to AEs. The Tribunal upheld decisions on foreign tax credit, transfer pricing adjustments, and deduction under sections 10A/10AA. Issues like disallowance of payments to non-resident vendors and commission to non-residents were also addressed in favor of the assessee. The Tribunal's rulings were in line with established precedents and higher court judgments, ensuring a balanced outcome for the parties involved. Case-Laws Income Tax Tue, 18 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400281