https://www.taxtmi.com/caselaws?id=261516 The Tribunal upheld the CIT(A)'s decision to restrict the Transfer Pricing Adjustment (TPA) to Rs. 1,19,60,457, the amount retained by the associated enterprises, and directed the Transfer Pricing Officer/Assessing Officer to adjust the operating cost by excluding abnormal start-up costs. The Tribunal's decision was based on established precedents and the principle of ensuring that the TPA does not exceed the actual value of international transactions. The appeal filed by the Revenue was dismissed, and the appeal filed by the assessee was partly allowed for statistical purposes. en-us Fri, 10 Jul 2015 00:00:00 +0530 Wed, 21 Nov 2018 16:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261516 The Tribunal upheld the CIT(A)'s decision to restrict the Transfer Pricing Adjustment (TPA) to Rs. 1,19,60,457, the amount retained by the associated enterprises, and directed the Transfer Pricing Officer/Assessing Officer to adjust the operating cost by excluding abnormal start-up costs. The Tribunal's decision was based on established precedents and the principle of ensuring that the TPA does not exceed the actual value of international transactions. The appeal filed by the Revenue was dismissed, and the appeal filed by the assessee was partly allowed for statistical purposes. Case-Laws Income Tax Fri, 10 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261516