https://www.taxtmi.com/caselaws?id=195976 The Tribunal allowed the appeal, setting aside the assessment order and directing a reconsideration by the Dispute Resolution Panel regarding transfer pricing adjustments made under the Income-tax Act for the assessment year 2006-07. The Tribunal found errors in the rejection of economic analyses and comparable companies by the Assessing Officer and Transfer Pricing Officer and emphasized the need for proper consideration of relevant factors in determining the arm's length price of international transactions. The matter was remanded for further review and decision in line with legal requirements. en-us Mon, 27 Dec 2010 00:00:00 +0530 Wed, 15 Nov 2017 18:43:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195976 The Tribunal allowed the appeal, setting aside the assessment order and directing a reconsideration by the Dispute Resolution Panel regarding transfer pricing adjustments made under the Income-tax Act for the assessment year 2006-07. The Tribunal found errors in the rejection of economic analyses and comparable companies by the Assessing Officer and Transfer Pricing Officer and emphasized the need for proper consideration of relevant factors in determining the arm's length price of international transactions. The matter was remanded for further review and decision in line with legal requirements. Case-Laws Income Tax Mon, 27 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195976