https://www.taxtmi.com/caselaws?id=236037 The Tribunal ruled in favor of the assessee on various grounds, including the determination of Arm's Length Price (ALP) and the set-off of losses from 100% Export Oriented Units against normal business income. The Tribunal deleted penalties imposed under section 271(1)(c) for all assessment years due to the deletion of underlying additions. Certain issues were remitted for fresh adjudication, ensuring a comprehensive and fair examination. Overall, the Tribunal provided a detailed and reasoned judgment, addressing each issue thoroughly. en-us Tue, 06 Aug 2013 00:00:00 +0530 Wed, 05 Aug 2026 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236037 The Tribunal ruled in favor of the assessee on various grounds, including the determination of Arm's Length Price (ALP) and the set-off of losses from 100% Export Oriented Units against normal business income. The Tribunal deleted penalties imposed under section 271(1)(c) for all assessment years due to the deletion of underlying additions. Certain issues were remitted for fresh adjudication, ensuring a comprehensive and fair examination. Overall, the Tribunal provided a detailed and reasoned judgment, addressing each issue thoroughly. Case-Laws Income Tax Tue, 06 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236037