https://www.taxtmi.com/caselaws?id=169880 The Tribunal granted a partial stay for six months in a Stay Application regarding an order passed by the AO for the A.Y. 2009-10. The Tribunal directed the AO/TPO to restrict the adjustment of ALP to international transactions only, set aside the issue of functional comparability for further examination, and remitted the issue of working capital adjustment to the TPO. The Tribunal also directed reconsideration of the functional profile of another company and calculated the impact on the adjustment required. The stay was granted subject to specific conditions, with any adjournment petition leading to vacation of the stay. en-us Fri, 28 Mar 2014 00:00:00 +0530 Tue, 17 Jun 2014 11:07:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169880 The Tribunal granted a partial stay for six months in a Stay Application regarding an order passed by the AO for the A.Y. 2009-10. The Tribunal directed the AO/TPO to restrict the adjustment of ALP to international transactions only, set aside the issue of functional comparability for further examination, and remitted the issue of working capital adjustment to the TPO. The Tribunal also directed reconsideration of the functional profile of another company and calculated the impact on the adjustment required. The stay was granted subject to specific conditions, with any adjournment petition leading to vacation of the stay. Case-Laws Income Tax Fri, 28 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169880