https://www.taxtmi.com/caselaws?id=207005 The Appellate Tribunal remitted the adjustment in the arm's length price of an international transaction with associate enterprises back to the Dispute Resolution Panel for detailed adjudication, emphasizing the need for a reasoned order. The issue of charging interest under sec. 234B was also remitted for further consideration without specifying a timeline. However, the Tribunal deemed it premature to challenge the initiation of penalty under sec. 271(1)(c) in the current appeal, advising the assessee to address penalty proceedings separately. en-us Fri, 16 Sep 2011 00:00:00 +0530 Thu, 24 Nov 2011 08:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207005 The Appellate Tribunal remitted the adjustment in the arm's length price of an international transaction with associate enterprises back to the Dispute Resolution Panel for detailed adjudication, emphasizing the need for a reasoned order. The issue of charging interest under sec. 234B was also remitted for further consideration without specifying a timeline. However, the Tribunal deemed it premature to challenge the initiation of penalty under sec. 271(1)(c) in the current appeal, advising the assessee to address penalty proceedings separately. Case-Laws Income Tax Fri, 16 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207005