https://www.taxtmi.com/caselaws?id=431051 The Tribunal partly allowed the appeal, directing the Transfer Pricing Officer/AO to exclude certain entities from the comparables list for security support services, allowing depreciation on assets post-demerger, treating advertisement film expenses and computer software fees as revenue, permitting secondary freight as a revenue expense, and allowing various other claims related to foreign travel expenses, VRS pension liability, and year-end provisions. However, the Tribunal upheld the disallowance under Section 14A and kept certain penalty and interest issues open for further consideration. en-us Wed, 28 Sep 2022 00:00:00 +0530 Sat, 03 Dec 2022 09:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431051 The Tribunal partly allowed the appeal, directing the Transfer Pricing Officer/AO to exclude certain entities from the comparables list for security support services, allowing depreciation on assets post-demerger, treating advertisement film expenses and computer software fees as revenue, permitting secondary freight as a revenue expense, and allowing various other claims related to foreign travel expenses, VRS pension liability, and year-end provisions. However, the Tribunal upheld the disallowance under Section 14A and kept certain penalty and interest issues open for further consideration. Case-Laws Income Tax Wed, 28 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431051