https://www.taxtmi.com/caselaws?id=235091 The Tribunal set aside the Assessing Officer's order, ruling that the Transfer Pricing Officer's adjustment on advertisement, marketing, and promotion expenses was beyond his jurisdiction as it was not referred by the Assessing Officer. The Tribunal emphasized that the Transfer Pricing Officer cannot independently address international transactions for suggesting adjustments in the arm's length price. The appeal by the assessee was partly allowed, with no other issues contested by the parties, rendering them academic. en-us Fri, 18 Feb 2011 00:00:00 +0530 Thu, 11 Jul 2013 13:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235091 The Tribunal set aside the Assessing Officer's order, ruling that the Transfer Pricing Officer's adjustment on advertisement, marketing, and promotion expenses was beyond his jurisdiction as it was not referred by the Assessing Officer. The Tribunal emphasized that the Transfer Pricing Officer cannot independently address international transactions for suggesting adjustments in the arm's length price. The appeal by the assessee was partly allowed, with no other issues contested by the parties, rendering them academic. Case-Laws Income Tax Fri, 18 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235091