https://www.taxtmi.com/caselaws?id=306405 The appeals filed by the taxpayer were allowed, and those filed by the Revenue were dismissed by the Tribunal. The Tribunal ruled in favor of the taxpayer concerning transfer pricing adjustment and the applicability of the Advance Pricing Agreement (APA). Additionally, the Tribunal directed the deletion of interest levied under sections 234A, 234B, and 234C, subject to verification. The initiation of penalty proceedings was considered premature and did not require specific findings. en-us Thu, 18 Jun 2020 00:00:00 +0530 Fri, 27 Jan 2023 20:17:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306405 The appeals filed by the taxpayer were allowed, and those filed by the Revenue were dismissed by the Tribunal. The Tribunal ruled in favor of the taxpayer concerning transfer pricing adjustment and the applicability of the Advance Pricing Agreement (APA). Additionally, the Tribunal directed the deletion of interest levied under sections 234A, 234B, and 234C, subject to verification. The initiation of penalty proceedings was considered premature and did not require specific findings. Case-Laws Income Tax Thu, 18 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306405