https://www.taxtmi.com/caselaws?id=411634 The appeal by the assessee against the final assessment order for the assessment year 2012-13 involved transfer pricing adjustments, classification of the assessee's activities, rejection of ROVAC as a PLI, dismissal of certain grounds, examination of MAT Credit set off, and initiation of penalty proceedings. The Tax Court upheld the TPO's adjustments, classification of the assessee as a business support service provider, rejection of ROVAC, and dismissal of certain grounds. The court directed further examination of MAT Credit set off and deemed the challenge to penalty proceedings premature. The appeal was allowed for statistical purposes. en-us Tue, 24 Aug 2021 00:00:00 +0530 Tue, 31 Aug 2021 09:19:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411634 The appeal by the assessee against the final assessment order for the assessment year 2012-13 involved transfer pricing adjustments, classification of the assessee's activities, rejection of ROVAC as a PLI, dismissal of certain grounds, examination of MAT Credit set off, and initiation of penalty proceedings. The Tax Court upheld the TPO's adjustments, classification of the assessee as a business support service provider, rejection of ROVAC, and dismissal of certain grounds. The court directed further examination of MAT Credit set off and deemed the challenge to penalty proceedings premature. The appeal was allowed for statistical purposes. Case-Laws Income Tax Tue, 24 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411634