https://www.taxtmi.com/caselaws?id=273858 The Tribunal ruled in favor of the assessee on all issues. The adjustments made to the Arms Length Price of international transactions were restricted to the transactions only. The deletion of additions on inventories, traveling expenses, advertisement costs, gifts, trade incentives, and miscellaneous expenses was allowed as per the Tribunal's findings. The Tribunal emphasized the incorrectness of the adjustments made by the Assessing Officer and directed the deletions of the disputed amounts. The appeal was disposed of in favor of the assessee against the department. en-us Tue, 23 May 2017 00:00:00 +0530 Wed, 18 Jul 2018 06:08:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273858 The Tribunal ruled in favor of the assessee on all issues. The adjustments made to the Arms Length Price of international transactions were restricted to the transactions only. The deletion of additions on inventories, traveling expenses, advertisement costs, gifts, trade incentives, and miscellaneous expenses was allowed as per the Tribunal's findings. The Tribunal emphasized the incorrectness of the adjustments made by the Assessing Officer and directed the deletions of the disputed amounts. The appeal was disposed of in favor of the assessee against the department. Case-Laws Income Tax Tue, 23 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273858