https://www.taxtmi.com/caselaws?id=300377 The Tribunal provided partial relief to the assessee on various issues, including corporate guarantee fees, royalty adjustments, and interest on loans to associated enterprises. It upheld the CIT(A)'s decisions on the allocation of head office expenses and depreciation on goodwill. Additionally, the Tribunal admitted additional grounds concerning ESOP expenses and exempted excise duty, remanding these matters to the AO for further review. en-us Thu, 18 Feb 2021 00:00:00 +0530 Fri, 28 Jan 2022 19:40:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300377 The Tribunal provided partial relief to the assessee on various issues, including corporate guarantee fees, royalty adjustments, and interest on loans to associated enterprises. It upheld the CIT(A)'s decisions on the allocation of head office expenses and depreciation on goodwill. Additionally, the Tribunal admitted additional grounds concerning ESOP expenses and exempted excise duty, remanding these matters to the AO for further review. Case-Laws Income Tax Thu, 18 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300377