https://www.taxtmi.com/caselaws?id=303767 The Tribunal allowed the appeals of the assessee, directing the Assessing Officer/TPO to apply TNMM on an aggregate basis for benchmarking international transactions. Additionally, the Tribunal instructed the allowance of royalty payment, Project Assistance Technical Fees, and Star Diagnostic expenditure as revenue expenditure. The Tribunal also directed the Assessing Officer to verify prior period transactions details and apply the +/- 5% range benefit as applicable. en-us Tue, 30 Apr 2019 00:00:00 +0530 Wed, 10 Aug 2022 20:31:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303767 The Tribunal allowed the appeals of the assessee, directing the Assessing Officer/TPO to apply TNMM on an aggregate basis for benchmarking international transactions. Additionally, the Tribunal instructed the allowance of royalty payment, Project Assistance Technical Fees, and Star Diagnostic expenditure as revenue expenditure. The Tribunal also directed the Assessing Officer to verify prior period transactions details and apply the +/- 5% range benefit as applicable. Case-Laws Income Tax Tue, 30 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303767