https://www.taxtmi.com/caselaws?id=775737 The ITAT Visakhapatnam allowed the assessee's plea to remit the TP adjustment issue concerning royalty disallowance back to the TPO for reconsideration, subject to the final outcome of the APA with CBDT. The disallowance of interest on ECB was upheld, with the ALP correctly determined at LIBOR plus 200 basis points by the DRP, and no interference was made. Regarding leasehold amortization charges, the tribunal held that the charges should be allowed as revenue expenditure proportionately over the lease period, permitting the assessee to claim amortization for the relevant assessment year. en-us Fri, 25 Jul 2025 00:00:00 +0530 Wed, 30 Jul 2025 08:21:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775737 The ITAT Visakhapatnam allowed the assessee's plea to remit the TP adjustment issue concerning royalty disallowance back to the TPO for reconsideration, subject to the final outcome of the APA with CBDT. The disallowance of interest on ECB was upheld, with the ALP correctly determined at LIBOR plus 200 basis points by the DRP, and no interference was made. Regarding leasehold amortization charges, the tribunal held that the charges should be allowed as revenue expenditure proportionately over the lease period, permitting the assessee to claim amortization for the relevant assessment year. Case-Laws Income Tax Fri, 25 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775737