https://www.taxtmi.com/caselaws?id=242173 The Tribunal set aside the CIT(A)'s order and remanded the case for a fresh assessment. The AO/TPO was directed to consider the composite functions of the AE, conduct a comprehensive transfer pricing study, and determine the Arm's Length Price (ALP) of the raw material purchase price, including all relevant costs. Emphasizing the need for a detailed examination, the Tribunal instructed a thorough review of whether the reimbursement of finance costs was at Arm's Length, taking into account the appellant's argument on the AE's composite functions. The appeal was allowed for statistical purposes, and the AO/TPO was required to issue a reasoned order following principles of natural justice. en-us Wed, 18 Dec 2013 00:00:00 +0530 Thu, 09 Jan 2014 11:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242173 The Tribunal set aside the CIT(A)'s order and remanded the case for a fresh assessment. The AO/TPO was directed to consider the composite functions of the AE, conduct a comprehensive transfer pricing study, and determine the Arm's Length Price (ALP) of the raw material purchase price, including all relevant costs. Emphasizing the need for a detailed examination, the Tribunal instructed a thorough review of whether the reimbursement of finance costs was at Arm's Length, taking into account the appellant's argument on the AE's composite functions. The appeal was allowed for statistical purposes, and the AO/TPO was required to issue a reasoned order following principles of natural justice. Case-Laws Income Tax Wed, 18 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242173