https://www.taxtmi.com/caselaws?id=195243 The ITAT allowed the assessee's appeal, remanding the matter back to the AO/TPO for reconsideration. The ITAT emphasized that only international transactions with Associated Enterprises should affect the ALP adjustment, directing a reassessment based on the separate consideration of divisional margins. The judgment highlights the importance of accurately assessing transfer pricing adjustments and considering divisional margins separately in international transactions involving multiple business divisions. en-us Fri, 17 Apr 2015 00:00:00 +0530 Tue, 24 Oct 2017 10:38:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195243 The ITAT allowed the assessee's appeal, remanding the matter back to the AO/TPO for reconsideration. The ITAT emphasized that only international transactions with Associated Enterprises should affect the ALP adjustment, directing a reassessment based on the separate consideration of divisional margins. The judgment highlights the importance of accurately assessing transfer pricing adjustments and considering divisional margins separately in international transactions involving multiple business divisions. Case-Laws Income Tax Fri, 17 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195243