https://www.taxtmi.com/caselaws?id=369536 The Tribunal set aside the Transfer Pricing Officer's arm's length price adjustment of Rs. 65,02,40,000 for international transactions, emphasizing the appellant's right to not be penalized for earlier legal advice. The case was remanded for a fresh adjudication considering additional evidence submitted by the appellant. The Tribunal restored the ALP adjustment issue back to the TPO for all relevant assessment years to ensure judicial consistency. The appeal was allowed for statistical purposes, highlighting the importance of fair play and justice in correcting past legal errors for a just outcome. en-us Sun, 28 Oct 2018 00:00:00 +0530 Tue, 30 Oct 2018 10:04:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369536 The Tribunal set aside the Transfer Pricing Officer's arm's length price adjustment of Rs. 65,02,40,000 for international transactions, emphasizing the appellant's right to not be penalized for earlier legal advice. The case was remanded for a fresh adjudication considering additional evidence submitted by the appellant. The Tribunal restored the ALP adjustment issue back to the TPO for all relevant assessment years to ensure judicial consistency. The appeal was allowed for statistical purposes, highlighting the importance of fair play and justice in correcting past legal errors for a just outcome. Case-Laws Income Tax Sun, 28 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369536