https://www.taxtmi.com/caselaws?id=327276 The Tribunal partially allowed the appeals of the assessee and the Revenue. The Tribunal allowed the assessee's appeal on various grounds including the disallowance of capital expenditure, taxation of book profit, and adoption of the TNMM method for determining arm's length price. The Revenue's appeal on transfer pricing adjustment was also treated as allowed for statistical purposes. The Tribunal provided detailed directions on each issue, ensuring compliance with legal provisions and judicial precedents. en-us Wed, 20 Apr 2016 00:00:00 +0530 Wed, 04 May 2016 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327276 The Tribunal partially allowed the appeals of the assessee and the Revenue. The Tribunal allowed the assessee's appeal on various grounds including the disallowance of capital expenditure, taxation of book profit, and adoption of the TNMM method for determining arm's length price. The Revenue's appeal on transfer pricing adjustment was also treated as allowed for statistical purposes. The Tribunal provided detailed directions on each issue, ensuring compliance with legal provisions and judicial precedents. Case-Laws Income Tax Wed, 20 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327276