https://www.taxtmi.com/caselaws?id=265193 The appeal filed by the Revenue challenging the Transfer Pricing Adjustment made by the Assessing Officer was dismissed. The Tribunal upheld the decision of the Commissioner of Income Tax (Appeals) to delete the adjustment, ruling that the method used was not compliant with Transfer Pricing Regulations. The Assessing Officer's addition to the assessee's income was overturned, emphasizing the need for adherence to the specific guidelines outlined in the Indian Transfer Pricing Legislation. en-us Wed, 22 Apr 2015 00:00:00 +0530 Thu, 08 Oct 2015 07:27:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265193 The appeal filed by the Revenue challenging the Transfer Pricing Adjustment made by the Assessing Officer was dismissed. The Tribunal upheld the decision of the Commissioner of Income Tax (Appeals) to delete the adjustment, ruling that the method used was not compliant with Transfer Pricing Regulations. The Assessing Officer's addition to the assessee's income was overturned, emphasizing the need for adherence to the specific guidelines outlined in the Indian Transfer Pricing Legislation. Case-Laws Income Tax Wed, 22 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265193