https://www.taxtmi.com/caselaws?id=210306 The Tribunal remitted the case back to the Assessing Officer for fresh adjudication, allowing the assessee to present new comparables for the financial year 2002-03. The decision was influenced by the need for a liberal approach in transfer pricing assessments as emphasized in the Quark Systems (P.) Ltd. case. The Tribunal directed the AO to reassess the Arm's Length Price (ALP) after considering fresh comparables and relevant data, ensuring compliance with legal standards and commercial realities. en-us Wed, 27 Jul 2011 00:00:00 +0530 Fri, 23 Nov 2012 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210306 The Tribunal remitted the case back to the Assessing Officer for fresh adjudication, allowing the assessee to present new comparables for the financial year 2002-03. The decision was influenced by the need for a liberal approach in transfer pricing assessments as emphasized in the Quark Systems (P.) Ltd. case. The Tribunal directed the AO to reassess the Arm's Length Price (ALP) after considering fresh comparables and relevant data, ensuring compliance with legal standards and commercial realities. Case-Laws Income Tax Wed, 27 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210306