https://www.taxtmi.com/caselaws?id=779130 ITAT Mumbai allowed deletion of TP adjustments imposed on AMP expenses and on royalty/technology payments, and directed deletion of service-fee TP adjustments (including global services) following a co-ordinate bench decision, thereby ruling in favour of the assessee on those grounds. Disallowance under section 14A/read with Rule 8D was remitted to the AO for re-adjudication in light of the assessee's suo-moto salary disallowance and available own funds. Allocation of expenses between Unit-I and Unit-II was revisited, AO's basis rejected and related disallowances deleted. Interest under section 234C and MAT credit issues were remitted to the AO for recomputation and appropriate carry-forward credit, respectively. en-us Fri, 22 Aug 2025 00:00:00 +0530 Mon, 22 Sep 2025 17:52:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779130 ITAT Mumbai allowed deletion of TP adjustments imposed on AMP expenses and on royalty/technology payments, and directed deletion of service-fee TP adjustments (including global services) following a co-ordinate bench decision, thereby ruling in favour of the assessee on those grounds. Disallowance under section 14A/read with Rule 8D was remitted to the AO for re-adjudication in light of the assessee's suo-moto salary disallowance and available own funds. Allocation of expenses between Unit-I and Unit-II was revisited, AO's basis rejected and related disallowances deleted. Interest under section 234C and MAT credit issues were remitted to the AO for recomputation and appropriate carry-forward credit, respectively. Case-Laws Income Tax Fri, 22 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779130