https://www.taxtmi.com/caselaws?id=435423 The Tribunal remitted several issues back to the AO/TPO for fresh consideration or verification, including the bifurcation of service segments, adjustment for warranty cost, addition of deferred revenue, disallowance of miscellaneous expenses and advances written off, provision for warranty expenses, disallowance of rebates, future lease rentals, and TDS deductions. The Tribunal upheld decisions to delete additions for repairs and maintenance, interest levies, suppression of income, advances written off, unexplained expenditure, foreign exchange loss, and other liabilities. The Assessee's appeal was partly allowed, while the Revenue's appeal was partly allowed for statistical purposes. en-us Thu, 18 Aug 2022 00:00:00 +0530 Sat, 18 Mar 2023 09:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435423 The Tribunal remitted several issues back to the AO/TPO for fresh consideration or verification, including the bifurcation of service segments, adjustment for warranty cost, addition of deferred revenue, disallowance of miscellaneous expenses and advances written off, provision for warranty expenses, disallowance of rebates, future lease rentals, and TDS deductions. The Tribunal upheld decisions to delete additions for repairs and maintenance, interest levies, suppression of income, advances written off, unexplained expenditure, foreign exchange loss, and other liabilities. The Assessee's appeal was partly allowed, while the Revenue's appeal was partly allowed for statistical purposes. Case-Laws Income Tax Thu, 18 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435423