https://www.taxtmi.com/caselaws?id=410698 The Tribunal partly allowed the appeal, upholding certain disallowances while deleting others. The disallowance of software lease payment and referral fee was deleted, as evidence showed they were incurred for business purposes. However, the disallowance of transfer pricing adjustment and improvement expenses for leasehold premises was upheld partially, considering certain expenses as enduring in nature. The Tribunal's decision was rendered on 20th July 2021. en-us Tue, 20 Jul 2021 00:00:00 +0530 Sat, 07 Aug 2021 08:50:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410698 The Tribunal partly allowed the appeal, upholding certain disallowances while deleting others. The disallowance of software lease payment and referral fee was deleted, as evidence showed they were incurred for business purposes. However, the disallowance of transfer pricing adjustment and improvement expenses for leasehold premises was upheld partially, considering certain expenses as enduring in nature. The Tribunal's decision was rendered on 20th July 2021. Case-Laws Income Tax Tue, 20 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410698