https://www.taxtmi.com/caselaws?id=292291 The Tribunal remanded all issues back to the Assessing Officer for fresh examination and adjudication. The Transfer Pricing Officer's characterization of services was found incorrect, leading to the need for reevaluation. Transfer Pricing adjustments were considered academic due to the primary issue being remanded. The disallowance of provision for warranty and annual license fees/R&D expenses were also remanded for further examination, emphasizing the requirement for the assessee to provide necessary details and evidence. The Tribunal allowed both the assessee's appeal and the Revenue's cross-appeal for statistical purposes, stressing the importance of a fair opportunity for the assessee to present its case. en-us Fri, 12 Apr 2019 00:00:00 +0530 Fri, 18 Dec 2020 02:50:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292291 The Tribunal remanded all issues back to the Assessing Officer for fresh examination and adjudication. The Transfer Pricing Officer's characterization of services was found incorrect, leading to the need for reevaluation. Transfer Pricing adjustments were considered academic due to the primary issue being remanded. The disallowance of provision for warranty and annual license fees/R&D expenses were also remanded for further examination, emphasizing the requirement for the assessee to provide necessary details and evidence. The Tribunal allowed both the assessee's appeal and the Revenue's cross-appeal for statistical purposes, stressing the importance of a fair opportunity for the assessee to present its case. Case-Laws Income Tax Fri, 12 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292291