https://www.taxtmi.com/caselaws?id=293642 The Tribunal ruled in favor of the assessee for Assessment Years 2007-08 and 2010-11, allowing claims related to warranty provisions, marketing support fees, and superannuation fund. It emphasized adherence to scientific methods and upheld the CUP method for transfer pricing adjustments, binding the TPO/A.O. to DRP directions. The Tribunal rejected additions under Section 115JB for unascertained liabilities, aligning with its previous decisions. Consequently, the Tribunal dismissed the appeal under Section 154 and the revenue's appeal for A.Y. 2010-11, consistently supporting the assessee's position on key financial and procedural issues. en-us Fri, 31 Mar 2017 00:00:00 +0530 Wed, 13 Nov 2024 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293642 The Tribunal ruled in favor of the assessee for Assessment Years 2007-08 and 2010-11, allowing claims related to warranty provisions, marketing support fees, and superannuation fund. It emphasized adherence to scientific methods and upheld the CUP method for transfer pricing adjustments, binding the TPO/A.O. to DRP directions. The Tribunal rejected additions under Section 115JB for unascertained liabilities, aligning with its previous decisions. Consequently, the Tribunal dismissed the appeal under Section 154 and the revenue's appeal for A.Y. 2010-11, consistently supporting the assessee's position on key financial and procedural issues. Case-Laws Income Tax Fri, 31 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293642