https://www.taxtmi.com/caselaws?id=239490 The Tribunal concluded that the sale of the health imaging division was not an international transaction. The Transfer Pricing Officer did not have jurisdiction to determine the Arm's Length Price for the transaction. The Transfer Pricing adjustment of Rs. 79,96,60,415 was deemed void. The adjustment of Rs. 9,60,668 for expenses incurred on behalf of Associated Enterprises was found unjustified. The disallowance under section 14A was set aside for re-examination by the Assessing Officer. The appeal filed by the assessee was allowed. en-us Tue, 30 Apr 2013 00:00:00 +0530 Fri, 15 Nov 2013 07:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239490 The Tribunal concluded that the sale of the health imaging division was not an international transaction. The Transfer Pricing Officer did not have jurisdiction to determine the Arm's Length Price for the transaction. The Transfer Pricing adjustment of Rs. 79,96,60,415 was deemed void. The adjustment of Rs. 9,60,668 for expenses incurred on behalf of Associated Enterprises was found unjustified. The disallowance under section 14A was set aside for re-examination by the Assessing Officer. The appeal filed by the assessee was allowed. Case-Laws Income Tax Tue, 30 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239490