https://www.taxtmi.com/caselaws?id=308421 The Tribunal partly allowed the assessee's appeals, providing relief on transfer pricing adjustments, disallowance under Section 14A, unrealized foreign exchange loss, ESOP expenses, and excess levy of interest under Section 234B. The Tribunal directed the TPO to re-examine comparable companies for transfer pricing, ruled investments in growth options of mutual funds should not be considered for disallowance, allowed deduction for unrealized foreign exchange loss, directed deletion of ESOP expense disallowance, and rectified excess levy of interest due to incorrect computation. en-us Fri, 31 Mar 2023 00:00:00 +0530 Fri, 23 Jun 2023 20:57:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308421 The Tribunal partly allowed the assessee's appeals, providing relief on transfer pricing adjustments, disallowance under Section 14A, unrealized foreign exchange loss, ESOP expenses, and excess levy of interest under Section 234B. The Tribunal directed the TPO to re-examine comparable companies for transfer pricing, ruled investments in growth options of mutual funds should not be considered for disallowance, allowed deduction for unrealized foreign exchange loss, directed deletion of ESOP expense disallowance, and rectified excess levy of interest due to incorrect computation. Case-Laws Income Tax Fri, 31 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308421