https://www.taxtmi.com/caselaws?id=431307 The Tribunal partly allowed the assessee's appeal, remanding the transfer pricing issue back to the Transfer Pricing Officer for re-examination. The Revenue's appeal was allowed, reinstating the disallowance of the provision for warranty expenses. The Tribunal stressed the importance of providing substantial evidence to support claims for deductions and adjustments in line with legal and accounting principles. en-us Fri, 09 Sep 2022 00:00:00 +0530 Thu, 08 Dec 2022 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431307 The Tribunal partly allowed the assessee's appeal, remanding the transfer pricing issue back to the Transfer Pricing Officer for re-examination. The Revenue's appeal was allowed, reinstating the disallowance of the provision for warranty expenses. The Tribunal stressed the importance of providing substantial evidence to support claims for deductions and adjustments in line with legal and accounting principles. Case-Laws Income Tax Fri, 09 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431307