https://www.taxtmi.com/caselaws?id=214404 The Tribunal set aside the previous order and returned the matter to the AO for a fresh decision on transfer pricing adjustment. The Tribunal instructed the AO to verify relevant issues, including allocation of expenses, selection of comparables, benefit of standard deduction, and accuracy of operating profit to sales margin calculation. The AO was directed to provide the assessee with a fair opportunity to be heard. Consequently, the appeal of the assessee was allowed. en-us Fri, 30 Sep 2011 00:00:00 +0530 Sat, 30 Jun 2012 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214404 The Tribunal set aside the previous order and returned the matter to the AO for a fresh decision on transfer pricing adjustment. The Tribunal instructed the AO to verify relevant issues, including allocation of expenses, selection of comparables, benefit of standard deduction, and accuracy of operating profit to sales margin calculation. The AO was directed to provide the assessee with a fair opportunity to be heard. Consequently, the appeal of the assessee was allowed. Case-Laws Income Tax Fri, 30 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214404