https://www.taxtmi.com/caselaws?id=781084 ITAT HYDERABAD - AT set aside the TP and related issues for de novo verification, directing AO/TPO to reconcile segmental audit report with audited financials and explain employee-cost variances; grounds on SDS classification allowed for statistical purposes. For benchmarking interest on trade receivables from foreign AEs the Tribunal directed use of LIBOR + 200 bps and allowed a 60-day credit period. Disallowance under s.14A was deleted for lack of exempt income. CSR expenses were disallowed under s.37(1). Claims for prior-period expenses and additions for non-reconciliation with Form 26AS were remitted for factual verification. Limitation issue kept open pending SC decision. en-us Wed, 10 Sep 2025 00:00:00 +0530 Tue, 11 Nov 2025 08:20:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781084 ITAT HYDERABAD - AT set aside the TP and related issues for de novo verification, directing AO/TPO to reconcile segmental audit report with audited financials and explain employee-cost variances; grounds on SDS classification allowed for statistical purposes. For benchmarking interest on trade receivables from foreign AEs the Tribunal directed use of LIBOR + 200 bps and allowed a 60-day credit period. Disallowance under s.14A was deleted for lack of exempt income. CSR expenses were disallowed under s.37(1). Claims for prior-period expenses and additions for non-reconciliation with Form 26AS were remitted for factual verification. Limitation issue kept open pending SC decision. Case-Laws Income Tax Wed, 10 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781084