https://www.taxtmi.com/caselaws?id=308940 The Tribunal upheld the DRP's decisions on the upward adjustment of Corporate and Bank Guarantee charges and the downward adjustment of trademark license fee. However, the issue of disallowance u/s.14A of the Act r.w Rule-8D was remitted back to the AO for further verification based on relevant case law. The appeals were decided accordingly, with the Revenue's appeal dismissed and the assessee's appeal treated as allowed for statistical purposes. en-us Fri, 23 Sep 2016 00:00:00 +0530 Wed, 02 Aug 2023 21:18:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308940 The Tribunal upheld the DRP's decisions on the upward adjustment of Corporate and Bank Guarantee charges and the downward adjustment of trademark license fee. However, the issue of disallowance u/s.14A of the Act r.w Rule-8D was remitted back to the AO for further verification based on relevant case law. The appeals were decided accordingly, with the Revenue's appeal dismissed and the assessee's appeal treated as allowed for statistical purposes. Case-Laws Income Tax Fri, 23 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308940