https://www.taxtmi.com/caselaws?id=265037 The Tribunal allowed the appeal challenging the addition of Rs. 6,70,36,527 as the arm's length price under sec. 92CA(3) of the Income-tax Act, 1961. It set aside the matter for the AO to determine if local transactions are international under sec. 92B and subject to transfer pricing provisions. The AO was directed to make adjustments following the High Court's rulings. The Tribunal emphasized aligning expenses with sales benefits and applying transfer pricing provisions in line with legal precedents and the Income-tax Act, 1961. en-us Fri, 17 Jul 2015 00:00:00 +0530 Mon, 05 Oct 2015 16:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265037 The Tribunal allowed the appeal challenging the addition of Rs. 6,70,36,527 as the arm's length price under sec. 92CA(3) of the Income-tax Act, 1961. It set aside the matter for the AO to determine if local transactions are international under sec. 92B and subject to transfer pricing provisions. The AO was directed to make adjustments following the High Court's rulings. The Tribunal emphasized aligning expenses with sales benefits and applying transfer pricing provisions in line with legal precedents and the Income-tax Act, 1961. Case-Laws Income Tax Fri, 17 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265037