https://www.taxtmi.com/caselaws?id=434803 The tribunal remanded the main issues back to the Transfer Pricing Officer (TPO) and Assessing Officer (AO) for reconsideration, directing the use of internal comparables for Transactional Net Margin Method (TNMM) analysis and verification of R&D expenditure. The tribunal upheld the adjustment for interest on delayed receivables but directed a lower rate for computation. The issues concerning interest computation under sections 234A and 234B were considered consequential. The appeal was partly allowed for statistical purposes. en-us Mon, 07 Nov 2022 00:00:00 +0530 Fri, 03 Mar 2023 11:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434803 The tribunal remanded the main issues back to the Transfer Pricing Officer (TPO) and Assessing Officer (AO) for reconsideration, directing the use of internal comparables for Transactional Net Margin Method (TNMM) analysis and verification of R&D expenditure. The tribunal upheld the adjustment for interest on delayed receivables but directed a lower rate for computation. The issues concerning interest computation under sections 234A and 234B were considered consequential. The appeal was partly allowed for statistical purposes. Case-Laws Income Tax Mon, 07 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434803