https://www.taxtmi.com/caselaws?id=405075 The appeals for AY 2012-13 and AY 2013-14 were deemed infructuous due to timeliness issues. Adjustments on IT license maintenance cost, interest on trade credits, and fees on corporate guarantee were remanded for fresh adjudication. The levy of interest was addressed, and penalty proceedings were dismissed as premature. Specific issues were remanded to the TPO/AO for further review, with the order pronounced on 05/03/2021. en-us Fri, 05 Mar 2021 00:00:00 +0530 Thu, 11 Mar 2021 12:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405075 The appeals for AY 2012-13 and AY 2013-14 were deemed infructuous due to timeliness issues. Adjustments on IT license maintenance cost, interest on trade credits, and fees on corporate guarantee were remanded for fresh adjudication. The levy of interest was addressed, and penalty proceedings were dismissed as premature. Specific issues were remanded to the TPO/AO for further review, with the order pronounced on 05/03/2021. Case-Laws Income Tax Fri, 05 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405075