https://www.taxtmi.com/caselaws?id=215907 The Tribunal partly allowed the appeal filed by the assessee for statistical purposes. The Tribunal directed the Dispute Resolution Panel (DRP) and Assessing Officer (AO) to re-adjudicate various issues, including transfer pricing adjustment, disallowance of marketing and traveling expenses, and proposed penalty under Section 271(1)(c), in accordance with law and after providing the assessee with a reasonable opportunity of hearing. The Tribunal specifically instructed the DRP to consider the inclusion and exclusion of comparables for transfer pricing adjustment and to give appropriate relief if the mean margin of comparables does not exceed 5% from the assessee's margin. en-us Wed, 27 Jun 2012 00:00:00 +0530 Wed, 22 Aug 2012 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215907 The Tribunal partly allowed the appeal filed by the assessee for statistical purposes. The Tribunal directed the Dispute Resolution Panel (DRP) and Assessing Officer (AO) to re-adjudicate various issues, including transfer pricing adjustment, disallowance of marketing and traveling expenses, and proposed penalty under Section 271(1)(c), in accordance with law and after providing the assessee with a reasonable opportunity of hearing. The Tribunal specifically instructed the DRP to consider the inclusion and exclusion of comparables for transfer pricing adjustment and to give appropriate relief if the mean margin of comparables does not exceed 5% from the assessee's margin. Case-Laws Income Tax Wed, 27 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215907