https://www.taxtmi.com/caselaws?id=381583 The Tribunal allowed both appeals for statistical purposes, directing fresh adjudications by the Assessing Officer (AO). The Tribunal emphasized adherence to the Supreme Court's decision in ICDS Ltd. for depreciation claims and instructed a re-evaluation of Transfer Pricing (TP) adjustments using appropriate methods. The AO was directed to independently determine the Most Appropriate Method (MAM) for the international transaction and consider all arguments presented by the assessee. en-us Fri, 07 Jun 2019 00:00:00 +0530 Thu, 13 Jun 2019 09:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381583 The Tribunal allowed both appeals for statistical purposes, directing fresh adjudications by the Assessing Officer (AO). The Tribunal emphasized adherence to the Supreme Court's decision in ICDS Ltd. for depreciation claims and instructed a re-evaluation of Transfer Pricing (TP) adjustments using appropriate methods. The AO was directed to independently determine the Most Appropriate Method (MAM) for the international transaction and consider all arguments presented by the assessee. Case-Laws Income Tax Fri, 07 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381583