https://www.taxtmi.com/caselaws?id=410050 The appeal was partly allowed for statistical purposes. The delay in filing the appeal due to the lockdown was condoned. Certain grounds not pressed by the appellant were dismissed. The transfer pricing addition confirmed by the AO was challenged, with the Tribunal setting aside the impugned order and remitting the matter for fresh assessment. An additional ground for deduction of Education Cess and Higher Education Cess was raised and deemed admissible by the Tribunal based on legal precedents. The Tribunal directed the AO to allow the deduction after verifying the correct amount of education cess. en-us Thu, 15 Jul 2021 00:00:00 +0530 Fri, 23 Jul 2021 08:58:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410050 The appeal was partly allowed for statistical purposes. The delay in filing the appeal due to the lockdown was condoned. Certain grounds not pressed by the appellant were dismissed. The transfer pricing addition confirmed by the AO was challenged, with the Tribunal setting aside the impugned order and remitting the matter for fresh assessment. An additional ground for deduction of Education Cess and Higher Education Cess was raised and deemed admissible by the Tribunal based on legal precedents. The Tribunal directed the AO to allow the deduction after verifying the correct amount of education cess. Case-Laws Income Tax Thu, 15 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410050