https://www.taxtmi.com/caselaws?id=334365 The Tribunal dismissed the revenue's appeal against the DRP's direction for final assessment under section 143(3) r.w.s. 144C(13) in a Transfer Pricing Adjustment Dispute. The appeal challenged the deletion of an adjustment made by the TPO, advocating for an entity-level margin benchmark. However, the Tribunal upheld the DRP's decision to consider segmental financials, which fell within the arm's length range. Consequently, the Tribunal also dismissed the assessee's cross objections, deeming them academic due to the revenue's appeal being unfounded. en-us Wed, 14 Sep 2016 00:00:00 +0530 Fri, 11 Nov 2016 11:18:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334365 The Tribunal dismissed the revenue's appeal against the DRP's direction for final assessment under section 143(3) r.w.s. 144C(13) in a Transfer Pricing Adjustment Dispute. The appeal challenged the deletion of an adjustment made by the TPO, advocating for an entity-level margin benchmark. However, the Tribunal upheld the DRP's decision to consider segmental financials, which fell within the arm's length range. Consequently, the Tribunal also dismissed the assessee's cross objections, deeming them academic due to the revenue's appeal being unfounded. Case-Laws Income Tax Wed, 14 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334365