https://www.taxtmi.com/caselaws?id=216163 Income from film distribution may be computed on the basis of the settled 1987 Board settlement principles where no material change is shown, and the rule of consistency can justify continued application of that method. In the absence of books being produced for examination, the Tribunal accepted the Revenue's stand on estimation of income. Separately, a transfer pricing adjustment under Chapter X cannot be finalised without giving the assessee a final opportunity of hearing after the TPO's determination; the matter was therefore restored to the Assessing Officer for fresh decision after hearing the assessee. en-us Fri, 26 Mar 2010 00:00:00 +0530 Fri, 31 Aug 2012 15:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216163 Income from film distribution may be computed on the basis of the settled 1987 Board settlement principles where no material change is shown, and the rule of consistency can justify continued application of that method. In the absence of books being produced for examination, the Tribunal accepted the Revenue's stand on estimation of income. Separately, a transfer pricing adjustment under Chapter X cannot be finalised without giving the assessee a final opportunity of hearing after the TPO's determination; the matter was therefore restored to the Assessing Officer for fresh decision after hearing the assessee. Case-Laws Income Tax Fri, 26 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216163