https://www.taxtmi.com/caselaws?id=401321 The Tribunal allowed the appeal for statistical purposes, directing the A.O. to re-examine the claims regarding the reversal of Rs. 32,93,513/- and the applicability of section 9(1)(vi)(b) for the remaining amount of Rs. 35,12,190/- after providing the assessee with an adequate opportunity to substantiate its claims. The decision emphasized the need for thorough verification of the assessee's claims and adherence to legal precedents regarding the taxability of payments made to foreign entities. en-us Wed, 02 Dec 2020 00:00:00 +0530 Fri, 04 Dec 2020 08:04:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401321 The Tribunal allowed the appeal for statistical purposes, directing the A.O. to re-examine the claims regarding the reversal of Rs. 32,93,513/- and the applicability of section 9(1)(vi)(b) for the remaining amount of Rs. 35,12,190/- after providing the assessee with an adequate opportunity to substantiate its claims. The decision emphasized the need for thorough verification of the assessee's claims and adherence to legal precedents regarding the taxability of payments made to foreign entities. Case-Laws Income Tax Wed, 02 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401321