https://www.taxtmi.com/caselaws?id=307018 The department's appeal for AY 2010-11 was partly allowed despite a ten-day delay in filing, with adjustments made for transfer pricing, liquidated damages, advances, provision for warranty, and loss on suspended contracts. Rectification orders were deemed void ab initio due to lack of opportunity for the assessee to be heard. Disallowances for AY 2011-12 were partly upheld, with adjustments reduced and rectification orders set aside. The final outcome of various appeals resulted in partial allowances and one full allowance, with the decision pronounced on 11.06.2018. en-us Mon, 11 Jun 2018 00:00:00 +0530 Mon, 13 Mar 2023 21:54:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307018 The department's appeal for AY 2010-11 was partly allowed despite a ten-day delay in filing, with adjustments made for transfer pricing, liquidated damages, advances, provision for warranty, and loss on suspended contracts. Rectification orders were deemed void ab initio due to lack of opportunity for the assessee to be heard. Disallowances for AY 2011-12 were partly upheld, with adjustments reduced and rectification orders set aside. The final outcome of various appeals resulted in partial allowances and one full allowance, with the decision pronounced on 11.06.2018. Case-Laws Income Tax Mon, 11 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307018