https://www.taxtmi.com/caselaws?id=181059 The case involved transfer pricing adjustments recommended by the Transfer Pricing Officer (TPO) for an assessee engaged in software development and marketing services. Discrepancies in pricing methods led to significant income enhancements. Additionally, the assessee challenged the use of information obtained under section 133(6) without sharing it during assessment. The tribunal emphasized the importance of sharing such information for a fair assessment process, remitting the matter back to the Assessing Officer for a fresh assessment order with proper information sharing and hearing granted to the assessee. The appeal was treated as allowed, highlighting the significance of procedural fairness and adherence to natural justice principles in assessment proceedings. en-us Mon, 30 Apr 2012 00:00:00 +0530 Thu, 22 Jun 2017 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181059 The case involved transfer pricing adjustments recommended by the Transfer Pricing Officer (TPO) for an assessee engaged in software development and marketing services. Discrepancies in pricing methods led to significant income enhancements. Additionally, the assessee challenged the use of information obtained under section 133(6) without sharing it during assessment. The tribunal emphasized the importance of sharing such information for a fair assessment process, remitting the matter back to the Assessing Officer for a fresh assessment order with proper information sharing and hearing granted to the assessee. The appeal was treated as allowed, highlighting the significance of procedural fairness and adherence to natural justice principles in assessment proceedings. Case-Laws Income Tax Mon, 30 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181059