https://www.taxtmi.com/caselaws?id=180549 The ITAT dismissed the revenue's appeal against the CIT(A) order, which deleted the addition to software development cost made by the AO under section 92 of the Income Tax Act, 1961. The ITAT upheld the CIT(A) decision, emphasizing the absence of tax avoidance evidence and the failure to refer the case to the Transfer Pricing Officer. The ITAT noted that the CBDT circular favored the assessee and deemed the addition unjustified, ultimately confirming the CIT(A) order. en-us Fri, 06 Mar 2009 00:00:00 +0530 Tue, 29 Mar 2016 15:13:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180549 The ITAT dismissed the revenue's appeal against the CIT(A) order, which deleted the addition to software development cost made by the AO under section 92 of the Income Tax Act, 1961. The ITAT upheld the CIT(A) decision, emphasizing the absence of tax avoidance evidence and the failure to refer the case to the Transfer Pricing Officer. The ITAT noted that the CBDT circular favored the assessee and deemed the addition unjustified, ultimately confirming the CIT(A) order. Case-Laws Income Tax Fri, 06 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180549