https://www.taxtmi.com/caselaws?id=370829 The Tribunal upheld the Principal Commissioner of Income Tax's order, finding the original assessment order erroneous and prejudicial to the Revenue's interest due to the Assessing Officer's failure to refer the transfer pricing matter to the Transfer Pricing Officer as mandated by CBDT Instruction 3/2016. The Tribunal concluded that the exercise of jurisdiction under Section 263 was justified, leading to the dismissal of the assessee's appeal. en-us Thu, 22 Nov 2018 00:00:00 +0530 Sat, 24 Nov 2018 07:26:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370829 The Tribunal upheld the Principal Commissioner of Income Tax's order, finding the original assessment order erroneous and prejudicial to the Revenue's interest due to the Assessing Officer's failure to refer the transfer pricing matter to the Transfer Pricing Officer as mandated by CBDT Instruction 3/2016. The Tribunal concluded that the exercise of jurisdiction under Section 263 was justified, leading to the dismissal of the assessee's appeal. Case-Laws Income Tax Thu, 22 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370829