https://www.taxtmi.com/caselaws?id=341690 The High Court admitted the Tax Appeal solely for the issue of the upward adjustment to the arm's length price adjustment. It upheld the Tribunal's decision to delete the disallowance under Section 10AA, emphasizing that the AO cannot introduce new issues in the final assessment order not raised in the draft assessment order. The Court affirmed that adherence to the principles of natural justice is paramount, preventing the AO from making unproposed variations. The Court dismissed the other issues raised, affirming the Tribunal's decision and emphasizing procedural compliance. en-us Mon, 20 Feb 2017 00:00:00 +0530 Mon, 27 Aug 2018 14:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341690 The High Court admitted the Tax Appeal solely for the issue of the upward adjustment to the arm's length price adjustment. It upheld the Tribunal's decision to delete the disallowance under Section 10AA, emphasizing that the AO cannot introduce new issues in the final assessment order not raised in the draft assessment order. The Court affirmed that adherence to the principles of natural justice is paramount, preventing the AO from making unproposed variations. The Court dismissed the other issues raised, affirming the Tribunal's decision and emphasizing procedural compliance. Case-Laws Income Tax Mon, 20 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341690