Friday 20 February 2015

ITAT deleted disallowance following earlier order of HC as DRP hadn't given cogent reasons for disal

IT/ILT : Following order passed by High Court in assessee's own case relating to earlier assessment year, in absence of any cogent reasons, disallowance made by TPO in respect of certain allied payments made by assessee to AE such as technical fee, training and testing expenses, was to be deleted


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