https://www.taxtmi.com/caselaws?id=437349 The appeal was partly allowed, with the assessee succeeding on the claim of deduction under Section 80IB(4) for its Jammu & Kashmir Unit, and the issue of depreciation on UPS equipment being remanded for reworking at the appropriate rate. The grounds related to the transfer pricing adjustment for management service charges and depreciation on electrical installations were dismissed, upholding the determinations of the Transfer Pricing Officer and the lower authorities. en-us Thu, 27 Apr 2023 00:00:00 +0530 Wed, 04 Dec 2024 13:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437349 The appeal was partly allowed, with the assessee succeeding on the claim of deduction under Section 80IB(4) for its Jammu & Kashmir Unit, and the issue of depreciation on UPS equipment being remanded for reworking at the appropriate rate. The grounds related to the transfer pricing adjustment for management service charges and depreciation on electrical installations were dismissed, upholding the determinations of the Transfer Pricing Officer and the lower authorities. Case-Laws Income Tax Thu, 27 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437349