https://www.taxtmi.com/caselaws?id=261487 The ITAT partly allowed the Assessee's appeal, directing fresh assessments and verifications on various grounds, including the adjustment related to the international transaction of sale of goods to AE, consideration of the benefit of the +/-5% range, and the disallowance under Section 40(a)(i)/(ia) of the Act. An additional ground concerning the disallowance of an expense was also remanded for verification. The ITAT set aside previous orders, emphasizing the need for a fair comparison in transfer pricing studies and proper verification of deductions and disallowances. en-us Tue, 30 Jun 2015 00:00:00 +0530 Tue, 14 Jul 2015 07:42:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261487 The ITAT partly allowed the Assessee's appeal, directing fresh assessments and verifications on various grounds, including the adjustment related to the international transaction of sale of goods to AE, consideration of the benefit of the +/-5% range, and the disallowance under Section 40(a)(i)/(ia) of the Act. An additional ground concerning the disallowance of an expense was also remanded for verification. The ITAT set aside previous orders, emphasizing the need for a fair comparison in transfer pricing studies and proper verification of deductions and disallowances. Case-Laws Income Tax Tue, 30 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261487