https://www.taxtmi.com/caselaws?id=238964 The Tribunal upheld the Commissioner of Income-tax (Appeals) decisions, rejecting the Revenue's appeal on transfer pricing adjustments and disallowance of deductions under section 43B. The Transfer Pricing Officer's upward adjustment was deleted based on revised margin computations considering segmental profitability of comparable companies. Regarding section 43B disallowance, the Tribunal affirmed that payments made within the allowable grace period do not necessitate disallowance. The judgment extensively analyzed transfer pricing methods, adjustment rationale, and legal principles governing deductions under section 43B. en-us Wed, 07 Nov 2012 00:00:00 +0530 Fri, 01 Nov 2013 18:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238964 The Tribunal upheld the Commissioner of Income-tax (Appeals) decisions, rejecting the Revenue's appeal on transfer pricing adjustments and disallowance of deductions under section 43B. The Transfer Pricing Officer's upward adjustment was deleted based on revised margin computations considering segmental profitability of comparable companies. Regarding section 43B disallowance, the Tribunal affirmed that payments made within the allowable grace period do not necessitate disallowance. The judgment extensively analyzed transfer pricing methods, adjustment rationale, and legal principles governing deductions under section 43B. Case-Laws Income Tax Wed, 07 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238964