https://www.taxtmi.com/caselaws?id=203658 ITAT, MUMBAI - AT set aside the TPO's order and remitted the matter to the AO for fresh adjudication, finding the TPO did not apply TNMM as required and the assessee failed to comply with Chapter X obligations. The tribunal permitted the assessee to submit a fresh transfer pricing study or choose an appropriate prescribed method and directed the AO and TPO to re-examine the matter de novo under s.92E after giving opportunity. Any ALP adjustments must be confined to international transactions only and not applied to domestic turnover. en-us Tue, 20 Apr 2010 00:00:00 +0530 Fri, 29 Aug 2025 15:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203658 ITAT, MUMBAI - AT set aside the TPO's order and remitted the matter to the AO for fresh adjudication, finding the TPO did not apply TNMM as required and the assessee failed to comply with Chapter X obligations. The tribunal permitted the assessee to submit a fresh transfer pricing study or choose an appropriate prescribed method and directed the AO and TPO to re-examine the matter de novo under s.92E after giving opportunity. Any ALP adjustments must be confined to international transactions only and not applied to domestic turnover. Case-Laws Income Tax Tue, 20 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203658