https://www.taxtmi.com/caselaws?id=438136 The tribunal dismissed most grounds raised by the appellant challenging the assessment order, transfer pricing adjustment, treatment of foreign exchange loss, rejection of search process, incorrect computation of PLIs, disallowance of provision for doubtful debt, and addition for employees' contribution to PF/ESIC. However, the tribunal remanded the issue of non-allowance of brought forward losses to the AO for further examination. Penalty proceedings were dismissed as premature. The appeal was partly allowed, with the order pronounced on 03.03.2023. en-us Fri, 03 Mar 2023 00:00:00 +0530 Wed, 24 May 2023 12:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438136 The tribunal dismissed most grounds raised by the appellant challenging the assessment order, transfer pricing adjustment, treatment of foreign exchange loss, rejection of search process, incorrect computation of PLIs, disallowance of provision for doubtful debt, and addition for employees' contribution to PF/ESIC. However, the tribunal remanded the issue of non-allowance of brought forward losses to the AO for further examination. Penalty proceedings were dismissed as premature. The appeal was partly allowed, with the order pronounced on 03.03.2023. Case-Laws Income Tax Fri, 03 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438136