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d. The appellant states that for the Technical fees, the appellant's Board had taken the necessary and proper decisions by considering the comprehensive requirements of the business risk management, which includes the services scope, Software Licence Agreement commitment and responsibility. The Board had also considered and referred to the industry practice. The Board had also consulted with tier-1 Chartered Accountant Firm/Independent Consultant, Ernest & Young LLP, India, which resulted in independent benchmarking reports. e. It is stated that Mobimagic was the original developer of the CashBean software, which was subsequently transferred by it to HK Fintango on 26th September, 2019. Post such transfer, HK Fintango has been awarded with the new Software Copyright Certificate for the same. The appellant states that for the business of the appellant, HK Fintango has granted access to its Software App in a source code format and technical support has been received from Mobimagic; management and other support have been received from another related party entity, namely, TenSpot Pesa Limited.