https://www.taxtmi.com/caselaws?id=425738 The Tribunal partially allowed the appeal, accepting the assessee's benchmarking for arm's length price adjustments related to license fees, regional administration, and information technology cost allocation. The Tribunal directed verification of fringe benefit tax payment for disallowed foreign travel expenses. The claims regarding short-granting of TDS credit, charging of interest under section 234D, and initiation of penalty proceedings were dismissed. en-us Fri, 15 Jul 2022 00:00:00 +0530 Fri, 29 Jul 2022 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425738 The Tribunal partially allowed the appeal, accepting the assessee's benchmarking for arm's length price adjustments related to license fees, regional administration, and information technology cost allocation. The Tribunal directed verification of fringe benefit tax payment for disallowed foreign travel expenses. The claims regarding short-granting of TDS credit, charging of interest under section 234D, and initiation of penalty proceedings were dismissed. Case-Laws Income Tax Fri, 15 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425738