https://www.taxtmi.com/caselaws?id=753721 ITAT Hyderabad addressed four transfer pricing issues in an appeal. For management fees paid to associated enterprises, the Tribunal remanded the matter to AO/TPO for fresh examination following precedent from appellant's earlier year case, requiring proper verification of service agreements and evidence. Regarding interest on outstanding receivables from AEs, ITAT directed AO to recompute using LIBOR+200 basis points instead of 14.45% rate, following Bombay HC precedent. Trade mark license fee disallowance was remanded for fresh verification based on agreement with UK licensor, consistent with earlier year decisions. TDS credit claim was directed to be verified by AO based on certificates and Form 26AS evidence. en-us Mon, 03 Jun 2024 00:00:00 +0530 Fri, 07 Jun 2024 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753721 ITAT Hyderabad addressed four transfer pricing issues in an appeal. For management fees paid to associated enterprises, the Tribunal remanded the matter to AO/TPO for fresh examination following precedent from appellant's earlier year case, requiring proper verification of service agreements and evidence. Regarding interest on outstanding receivables from AEs, ITAT directed AO to recompute using LIBOR+200 basis points instead of 14.45% rate, following Bombay HC precedent. Trade mark license fee disallowance was remanded for fresh verification based on agreement with UK licensor, consistent with earlier year decisions. TDS credit claim was directed to be verified by AO based on certificates and Form 26AS evidence. Case-Laws Income Tax Mon, 03 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753721