https://www.taxtmi.com/caselaws?id=215938 The Tribunal justified setting aside the CIT (A)'s order and remanding the matter to the AO for fresh adjudication in an appeal under section 260A of the Income Tax Act. The appellant, engaged in ship management, saw the Tribunal allowing submission of fresh comparables for the financial year 2002-2003. The Tribunal emphasized the importance of allowing the appellant to present relevant facts for a proper determination of the Arm's Length Price, ultimately ruling in favor of the appellant and directing a fresh adjudication. en-us Tue, 17 Jul 2012 00:00:00 +0530 Thu, 23 Aug 2012 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215938 The Tribunal justified setting aside the CIT (A)'s order and remanding the matter to the AO for fresh adjudication in an appeal under section 260A of the Income Tax Act. The appellant, engaged in ship management, saw the Tribunal allowing submission of fresh comparables for the financial year 2002-2003. The Tribunal emphasized the importance of allowing the appellant to present relevant facts for a proper determination of the Arm's Length Price, ultimately ruling in favor of the appellant and directing a fresh adjudication. Case-Laws Income Tax Tue, 17 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215938