https://www.taxtmi.com/caselaws?id=433594 The Tribunal partly allowed the assessee's appeals for A.Y. 2011-12 and A.Y. 2013-14. The transfer pricing adjustment for advisory services was deleted, while the disallowance of the provision for slow-moving inventory was also deleted. However, the ad hoc disallowance of travelling and conveyance expenses was upheld. The second substantive ground concerning the restriction of transfer pricing adjustment was not pressed and was rejected accordingly. en-us Thu, 19 Jan 2023 00:00:00 +0530 Fri, 03 Feb 2023 13:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433594 The Tribunal partly allowed the assessee's appeals for A.Y. 2011-12 and A.Y. 2013-14. The transfer pricing adjustment for advisory services was deleted, while the disallowance of the provision for slow-moving inventory was also deleted. However, the ad hoc disallowance of travelling and conveyance expenses was upheld. The second substantive ground concerning the restriction of transfer pricing adjustment was not pressed and was rejected accordingly. Case-Laws Income Tax Thu, 19 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433594