https://www.taxtmi.com/caselaws?id=260742 The Tribunal partly allowed the Revenue's appeal, upholding the disallowance of Rs. 50,000 under Section 14A but rejecting the adjustment of Rs. 1,29,19,127 on account of arm's length price. The Tribunal agreed with the CIT(A)'s detailed analysis and findings, emphasizing the principle of consistency and rejecting the TPO's methodology. The deletion of the adjustment was affirmed, concluding the case with a mixed outcome for the parties involved. en-us Thu, 11 Jun 2015 00:00:00 +0530 Tue, 23 Jun 2015 07:29:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260742 The Tribunal partly allowed the Revenue's appeal, upholding the disallowance of Rs. 50,000 under Section 14A but rejecting the adjustment of Rs. 1,29,19,127 on account of arm's length price. The Tribunal agreed with the CIT(A)'s detailed analysis and findings, emphasizing the principle of consistency and rejecting the TPO's methodology. The deletion of the adjustment was affirmed, concluding the case with a mixed outcome for the parties involved. Case-Laws Income Tax Thu, 11 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260742