https://www.taxtmi.com/caselaws?id=309891 The Tribunal partly allowed the appeal, remitting certain issues back to the AO for reconsideration. It directed the AO to consider only AE transactions for Arms' Length Price determination, adopt internal TNMM, and allow deduction u/s 10A upon filing Form No.56F during appellate proceedings. The Tribunal upheld the disallowance of prior period expenditure for one entity due to lack of evidence but allowed it for outstanding amounts from a bankrupt company. The appeal related to the reference to special audit was rejected as the objection was not pressed before the AO. en-us Fri, 29 Dec 2017 00:00:00 +0530 Tue, 26 Sep 2023 21:27:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309891 The Tribunal partly allowed the appeal, remitting certain issues back to the AO for reconsideration. It directed the AO to consider only AE transactions for Arms' Length Price determination, adopt internal TNMM, and allow deduction u/s 10A upon filing Form No.56F during appellate proceedings. The Tribunal upheld the disallowance of prior period expenditure for one entity due to lack of evidence but allowed it for outstanding amounts from a bankrupt company. The appeal related to the reference to special audit was rejected as the objection was not pressed before the AO. Case-Laws Income Tax Fri, 29 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309891