https://www.taxtmi.com/caselaws?id=178661 The Tribunal partly allowed the appeal regarding adjustments in the Arm's Length Price (ALP) of international transactions, directing reevaluation of comparables, consideration of working capital and risk profile adjustments, and allowing set off of losses against profits. The Tribunal rejected the claim for the benefit of the arm's length range under Section 92C(2) and deemed issues of short credit for taxes and penalty proceedings premature. The decision emphasized detailed analysis and appropriate adjustments in determining ALP, providing the assessee an opportunity to present its case. en-us Mon, 10 Jun 2013 00:00:00 +0530 Wed, 08 Mar 2017 12:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178661 The Tribunal partly allowed the appeal regarding adjustments in the Arm's Length Price (ALP) of international transactions, directing reevaluation of comparables, consideration of working capital and risk profile adjustments, and allowing set off of losses against profits. The Tribunal rejected the claim for the benefit of the arm's length range under Section 92C(2) and deemed issues of short credit for taxes and penalty proceedings premature. The decision emphasized detailed analysis and appropriate adjustments in determining ALP, providing the assessee an opportunity to present its case. Case-Laws Income Tax Mon, 10 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178661