https://www.taxtmi.com/caselaws?id=309619 The appeal filed by the assessee was partly allowed by the Tribunal. The Tribunal provided detailed analysis and directions for each issue, following precedents and consistent views from earlier years. Specifically, the Tribunal allowed the disallowance of payment of royalty on trademarks and technology, service fees paid to associated enterprises, adjustment on account of advertising, marketing, and promotion expenses, disallowance of depreciation on marketing know-how, disallowance of foreign exchange loss, allocation of expenditure at Baddi Unit, characterizing buyback of shares, disallowance on account of Annual Information Report, and short grant of TDS credit. en-us Wed, 17 Feb 2021 00:00:00 +0530 Wed, 13 Sep 2023 21:56:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309619 The appeal filed by the assessee was partly allowed by the Tribunal. The Tribunal provided detailed analysis and directions for each issue, following precedents and consistent views from earlier years. Specifically, the Tribunal allowed the disallowance of payment of royalty on trademarks and technology, service fees paid to associated enterprises, adjustment on account of advertising, marketing, and promotion expenses, disallowance of depreciation on marketing know-how, disallowance of foreign exchange loss, allocation of expenditure at Baddi Unit, characterizing buyback of shares, disallowance on account of Annual Information Report, and short grant of TDS credit. Case-Laws Income Tax Wed, 17 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309619