https://www.taxtmi.com/caselaws?id=349853 The court dismissed the writ petition, directing the Assessing Officer to implement the directions of the Dispute Resolution Panel (DRP) and issue an assessment order. The petitioner was permitted to challenge the assessment order before the Income Tax Appellate Tribunal (ITAT), with all arguments left open for further review. The court emphasized that transfer pricing adjustments should be confined to international transactions, citing precedents from various High Courts and the ITAT in support of the petitioner's position. en-us Fri, 20 Oct 2017 00:00:00 +0530 Thu, 26 Oct 2017 08:38:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349853 The court dismissed the writ petition, directing the Assessing Officer to implement the directions of the Dispute Resolution Panel (DRP) and issue an assessment order. The petitioner was permitted to challenge the assessment order before the Income Tax Appellate Tribunal (ITAT), with all arguments left open for further review. The court emphasized that transfer pricing adjustments should be confined to international transactions, citing precedents from various High Courts and the ITAT in support of the petitioner's position. Case-Laws Income Tax Fri, 20 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349853