https://www.taxtmi.com/caselaws?id=463959 ITAT remanded multiple issues to the AO/TPO, directing that the taxpayer's international transactions be re-examined by aggregating transactions and applying TNMM as the most appropriate method with fresh comparables and opportunity to be heard. The AO was ordered to follow DRP directions and compute any disallowance accordingly. The tribunal held depreciation should be allowed on demonstration equipment (customs duty) and duty drawback treated as sale proceeds. Warranty reserve, accrued expenses, foreign-currency payments and alleged non-deduction of TDS were remanded for verification; the taxpayer must file supporting agreements, invoices and details for reconsideration. en-us Mon, 04 Apr 2022 00:00:00 +0530 Tue, 23 Sep 2025 13:22:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463959 ITAT remanded multiple issues to the AO/TPO, directing that the taxpayer's international transactions be re-examined by aggregating transactions and applying TNMM as the most appropriate method with fresh comparables and opportunity to be heard. The AO was ordered to follow DRP directions and compute any disallowance accordingly. The tribunal held depreciation should be allowed on demonstration equipment (customs duty) and duty drawback treated as sale proceeds. Warranty reserve, accrued expenses, foreign-currency payments and alleged non-deduction of TDS were remanded for verification; the taxpayer must file supporting agreements, invoices and details for reconsideration. Case-Laws Income Tax Mon, 04 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463959