https://www.taxtmi.com/caselaws?id=65503 The Tribunal allowed the taxpayer's appeals for statistical purposes, directing the AO to verify the taxpayer's claim of cash profit excluding depreciation. The Tribunal emphasized that if the arm's length principles are satisfied in the international transactions, no adjustments should be made. The taxpayer's request for additional grounds and evidence was rejected, as it was deemed neither permissible nor desirable to introduce a new case requiring fresh analysis. The Tribunal's decision focused on ensuring compliance with arm's length principles without unnecessary adjustments. en-us Thu, 11 Jun 2009 00:00:00 +0530 Wed, 31 Jan 2024 12:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65503 The Tribunal allowed the taxpayer's appeals for statistical purposes, directing the AO to verify the taxpayer's claim of cash profit excluding depreciation. The Tribunal emphasized that if the arm's length principles are satisfied in the international transactions, no adjustments should be made. The taxpayer's request for additional grounds and evidence was rejected, as it was deemed neither permissible nor desirable to introduce a new case requiring fresh analysis. The Tribunal's decision focused on ensuring compliance with arm's length principles without unnecessary adjustments. Case-Laws Income Tax Thu, 11 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65503