https://www.taxtmi.com/caselaws?id=216775 The tribunal partly allowed the department's appeal, directing the Transfer Pricing Officer (TPO) to make adjustments and recompute the Arms' Length Price (ALP) based on the final comparables list, including AVT Natural Products Ltd., Goldfield Fragrances Ltd., Synthite Industrial Chemicals Ltd., and SH Kelkar & Co. The tribunal instructed the TPO to restrict adjustments to transactions with associated enterprises and apply Section 92C(2) if the difference is within +/- 5%. en-us Fri, 06 Jul 2012 00:00:00 +0530 Tue, 18 Sep 2012 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216775 The tribunal partly allowed the department's appeal, directing the Transfer Pricing Officer (TPO) to make adjustments and recompute the Arms' Length Price (ALP) based on the final comparables list, including AVT Natural Products Ltd., Goldfield Fragrances Ltd., Synthite Industrial Chemicals Ltd., and SH Kelkar & Co. The tribunal instructed the TPO to restrict adjustments to transactions with associated enterprises and apply Section 92C(2) if the difference is within +/- 5%. Case-Laws Income Tax Fri, 06 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216775