https://www.taxtmi.com/caselaws?id=381461 The Tribunal partially allowed the appeal, directing the AO to re-examine the arm's length price adjustments for imported capital assets and management service charges. It also instructed the AO to allow the set-off of brought forward business loss. The judgment underscores the importance of proper benchmarking, verification of claims, adherence to prescribed methods, and providing a fair opportunity for the assessee to present their case. en-us Fri, 24 May 2019 00:00:00 +0530 Tue, 11 Jun 2019 17:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381461 The Tribunal partially allowed the appeal, directing the AO to re-examine the arm's length price adjustments for imported capital assets and management service charges. It also instructed the AO to allow the set-off of brought forward business loss. The judgment underscores the importance of proper benchmarking, verification of claims, adherence to prescribed methods, and providing a fair opportunity for the assessee to present their case. Case-Laws Income Tax Fri, 24 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381461