https://www.taxtmi.com/caselaws?id=404593 The Tribunal partly allowed the assessee's appeal, directing the Transfer Pricing Officer (TPO) to re-examine the inclusion of miscellaneous income in commission from other liners and to exclude it if unrelated to international transactions. The Tribunal also instructed the TPO to delete the addition of interest on receivables from overseas associated enterprises, citing inapplicability of domestic deposit rates to international transactions. Additionally, the Tribunal invalidated the treatment of reimbursement to Seaways Shipping and Logistics Ltd. as a specified domestic transaction due to the repeal of the relevant provision, restoring the matter to the Assessing Officer (AO) for proper adjudication. en-us Thu, 18 Feb 2021 00:00:00 +0530 Fri, 26 Feb 2021 09:41:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404593 The Tribunal partly allowed the assessee's appeal, directing the Transfer Pricing Officer (TPO) to re-examine the inclusion of miscellaneous income in commission from other liners and to exclude it if unrelated to international transactions. The Tribunal also instructed the TPO to delete the addition of interest on receivables from overseas associated enterprises, citing inapplicability of domestic deposit rates to international transactions. Additionally, the Tribunal invalidated the treatment of reimbursement to Seaways Shipping and Logistics Ltd. as a specified domestic transaction due to the repeal of the relevant provision, restoring the matter to the Assessing Officer (AO) for proper adjudication. Case-Laws Income Tax Thu, 18 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404593