https://www.taxtmi.com/caselaws?id=460400 ITAT Chennai remanded multiple transfer pricing and tax issues back to AO for fresh examination. The Tribunal set aside lower authorities' orders regarding interest-free loans to subsidiary, guarantee commission, section 14A disallowance, software expenses, export commission, and additional depreciation claims. Key findings included insufficient factual verification of subsidiary shareholding patterns, need to verify actual commission payments to banks, and requirement to examine commercial expediency of transactions. AO directed to re-examine all matters with proper opportunity to assessee and decide according to law. en-us Fri, 28 Oct 2016 00:00:00 +0530 Wed, 22 Jan 2025 18:57:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460400 ITAT Chennai remanded multiple transfer pricing and tax issues back to AO for fresh examination. The Tribunal set aside lower authorities' orders regarding interest-free loans to subsidiary, guarantee commission, section 14A disallowance, software expenses, export commission, and additional depreciation claims. Key findings included insufficient factual verification of subsidiary shareholding patterns, need to verify actual commission payments to banks, and requirement to examine commercial expediency of transactions. AO directed to re-examine all matters with proper opportunity to assessee and decide according to law. Case-Laws Income Tax Fri, 28 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460400