https://www.taxtmi.com/caselaws?id=273693 The High Court admitted the appeal and framed substantial questions of law regarding the adjustment of Arms Length Price (ALP) of import of raw material and spares. The court ruled in favor of the assessee, dismissing the appeals and upholding the tribunal's decision. The court found the tribunal's approach in selecting comparables for ALP determination reasonable and consistent with previous cases, ultimately directing a copy of the order to be placed in each file. en-us Thu, 18 May 2017 00:00:00 +0530 Tue, 10 Jul 2018 12:56:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273693 The High Court admitted the appeal and framed substantial questions of law regarding the adjustment of Arms Length Price (ALP) of import of raw material and spares. The court ruled in favor of the assessee, dismissing the appeals and upholding the tribunal's decision. The court found the tribunal's approach in selecting comparables for ALP determination reasonable and consistent with previous cases, ultimately directing a copy of the order to be placed in each file. Case-Laws Income Tax Thu, 18 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273693