https://www.taxtmi.com/caselaws?id=191359 The Tribunal allowed the appeal for statistical purposes, setting aside the issues related to transfer pricing adjustment and corporate tax for fresh consideration by the Assessing Officer. The Tribunal emphasized the need for the AO to verify the comparability of instances furnished by the assessee to determine adherence to the arm's length principle. The appeal on penalty proceedings and interest levy was not pursued by the assessee and was rejected. en-us Thu, 22 Nov 2012 00:00:00 +0530 Fri, 31 Mar 2017 14:45:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191359 The Tribunal allowed the appeal for statistical purposes, setting aside the issues related to transfer pricing adjustment and corporate tax for fresh consideration by the Assessing Officer. The Tribunal emphasized the need for the AO to verify the comparability of instances furnished by the assessee to determine adherence to the arm's length principle. The appeal on penalty proceedings and interest levy was not pursued by the assessee and was rejected. Case-Laws Income Tax Thu, 22 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191359