https://www.taxtmi.com/caselaws?id=260424 The Dispute Resolution Panel (DRP) upheld the transfer pricing adjustments challenged by the assessee under section 92CA(3) of the Income Tax Act, leading to the appeal. The disallowance of reimbursement of expenses by the Transfer Pricing Officer (TPO) was overturned by the ITAT, directing reconciliation by the Assessing Officer. Regarding the Arm's Length Price (ALP) adjustment proposed by the TPO for international transactions, the issue was restored to the DRP for a fresh adjudication due to challenges on comparables and depreciation adjustments, ultimately allowing the appeal for statistical purposes. en-us Wed, 04 Mar 2015 00:00:00 +0530 Mon, 01 Jun 2015 13:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260424 The Dispute Resolution Panel (DRP) upheld the transfer pricing adjustments challenged by the assessee under section 92CA(3) of the Income Tax Act, leading to the appeal. The disallowance of reimbursement of expenses by the Transfer Pricing Officer (TPO) was overturned by the ITAT, directing reconciliation by the Assessing Officer. Regarding the Arm's Length Price (ALP) adjustment proposed by the TPO for international transactions, the issue was restored to the DRP for a fresh adjudication due to challenges on comparables and depreciation adjustments, ultimately allowing the appeal for statistical purposes. Case-Laws Income Tax Wed, 04 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260424