https://www.taxtmi.com/caselaws?id=306060 The tribunal deemed the TPO's order dated 31 January 2014 as time-barred, rendering it illegal and void, thus quashing the transfer pricing adjustments. The tribunal instructed the AO to reassess the claims for deduction under Section 80JJAA, aligning with prior tribunal observations. It also directed the AO to adhere to previous tribunal decisions regarding Section 10A deductions, risk adjustment, and depreciation on servers, switches, and routers. The assessee's appeal was partially allowed, while the revenue's appeal was dismissed. en-us Thu, 28 Jul 2022 00:00:00 +0530 Wed, 18 Dec 2024 15:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306060 The tribunal deemed the TPO's order dated 31 January 2014 as time-barred, rendering it illegal and void, thus quashing the transfer pricing adjustments. The tribunal instructed the AO to reassess the claims for deduction under Section 80JJAA, aligning with prior tribunal observations. It also directed the AO to adhere to previous tribunal decisions regarding Section 10A deductions, risk adjustment, and depreciation on servers, switches, and routers. The assessee's appeal was partially allowed, while the revenue's appeal was dismissed. Case-Laws Income Tax Thu, 28 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306060