https://www.taxtmi.com/caselaws?id=771384 ITAT Hyderabad set aside the assessment order and remanded the case to AO/TPO for reconsideration. The appellant challenged rejection of TP documentation regarding service charges paid to AEs on cost-plus markup basis. While ITAT agreed with TPO/DRP that appellant failed to provide sufficient evidence proving nature of services rendered by AEs, it acknowledged that business support services have substance since appellant derived revenue from international markets. The tribunal directed AO/TPO to re-examine the claim considering any additional evidence appellant may provide to substantiate payments made to AEs for business support services. Appeal allowed for statistical purposes. en-us Wed, 21 May 2025 00:00:00 +0530 Sat, 24 May 2025 09:00:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771384 ITAT Hyderabad set aside the assessment order and remanded the case to AO/TPO for reconsideration. The appellant challenged rejection of TP documentation regarding service charges paid to AEs on cost-plus markup basis. While ITAT agreed with TPO/DRP that appellant failed to provide sufficient evidence proving nature of services rendered by AEs, it acknowledged that business support services have substance since appellant derived revenue from international markets. The tribunal directed AO/TPO to re-examine the claim considering any additional evidence appellant may provide to substantiate payments made to AEs for business support services. Appeal allowed for statistical purposes. Case-Laws Income Tax Wed, 21 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771384