https://www.taxtmi.com/highlights?id=29773 Transfer pricing adjustment - determination of ALP - Not only changing the tested party from the assessee to its AE, the CIT (Appeals) has also selected a domestic company as a comparable to the AE of the assessee. Therefore the entire exercise of determining the ALP by the CIT (Appeals) is contrary to the provisions of transfer pricing under the I.T. Act. - AT en-us Fri, 17 Jun 2016 09:10:45 +0530 Fri, 17 Jun 2016 09:10:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=29773 Transfer pricing adjustment - determination of ALP - Not only changing the tested party from the assessee to its AE, the CIT (Appeals) has also selected a domestic company as a comparable to the AE of the assessee. Therefore the entire exercise of determining the ALP by the CIT (Appeals) is contrary to the provisions of transfer pricing under the I.T. Act. - AT Highlights Income Tax Fri, 17 Jun 2016 09:10:45 +0530 https://www.taxtmi.com/highlights?id=29773