https://www.taxtmi.com/caselaws?id=438601 The Tribunal allowed the assessee's grounds regarding adjustments to IT consultancy charges, office equipment depreciation, provision for advertisement expenses, devaluation of inventory, capitalization of interest expense, and provision for product support. The Tribunal confirmed the adjustments on guarantee fees and disallowed seminar, exhibition, and advertisement expenses. The Transfer Pricing adjustments for template charges and infrastructure consultancy support were also deleted. The Revenue's appeal was dismissed, the assessee's appeal partly allowed, and the CO of the assessee was dismissed. en-us Wed, 31 May 2023 00:00:00 +0530 Fri, 02 Jun 2023 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438601 The Tribunal allowed the assessee's grounds regarding adjustments to IT consultancy charges, office equipment depreciation, provision for advertisement expenses, devaluation of inventory, capitalization of interest expense, and provision for product support. The Tribunal confirmed the adjustments on guarantee fees and disallowed seminar, exhibition, and advertisement expenses. The Transfer Pricing adjustments for template charges and infrastructure consultancy support were also deleted. The Revenue's appeal was dismissed, the assessee's appeal partly allowed, and the CO of the assessee was dismissed. Case-Laws Income Tax Wed, 31 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438601