https://www.taxtmi.com/caselaws?id=327072 The Tribunal upheld the Commissioner of Income-tax (Appeals)' decision to delete additions related to transfer pricing and agricultural income. The Tribunal agreed that the Comparable Uncontrolled Price method was appropriate for determining the arm's length price in international transactions and that the additional evidence supporting this method was rightly admitted. Additionally, the Tribunal affirmed that the income from the sale of poplar trees qualified as agricultural income. As a result, the Revenue's appeal was dismissed. en-us Thu, 15 Oct 2015 00:00:00 +0530 Tue, 03 May 2016 09:31:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327072 The Tribunal upheld the Commissioner of Income-tax (Appeals)' decision to delete additions related to transfer pricing and agricultural income. The Tribunal agreed that the Comparable Uncontrolled Price method was appropriate for determining the arm's length price in international transactions and that the additional evidence supporting this method was rightly admitted. Additionally, the Tribunal affirmed that the income from the sale of poplar trees qualified as agricultural income. As a result, the Revenue's appeal was dismissed. Case-Laws Income Tax Thu, 15 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327072