https://www.taxtmi.com/caselaws?id=415092 Transfer-pricing adjustments on intra-group services were deleted where the services were used in the telecom business, the same facts had been accepted in earlier years, and TNMM benchmarking had already been upheld; the royalty adjustment was remanded for fresh comparability analysis with disclosure of benchmarking material. Circuit accruals and year-end accruals, supported by a consistent mercantile basis and later utilisation or reversal, were deleted. Support service expenditure was remanded for verification of actual receipt of services. Annual revenue-share licence fee and lease line charge disallowance were deleted as revenue/business expenditure issues. Education cess was held deductible as business expenditure because it is not equated with tax for the disallowance provision. en-us Tue, 24 Aug 2021 00:00:00 +0530 Thu, 25 Nov 2021 10:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415092 Transfer-pricing adjustments on intra-group services were deleted where the services were used in the telecom business, the same facts had been accepted in earlier years, and TNMM benchmarking had already been upheld; the royalty adjustment was remanded for fresh comparability analysis with disclosure of benchmarking material. Circuit accruals and year-end accruals, supported by a consistent mercantile basis and later utilisation or reversal, were deleted. Support service expenditure was remanded for verification of actual receipt of services. Annual revenue-share licence fee and lease line charge disallowance were deleted as revenue/business expenditure issues. Education cess was held deductible as business expenditure because it is not equated with tax for the disallowance provision. Case-Laws Income Tax Tue, 24 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415092