https://www.taxtmi.com/caselaws?id=282402 The Tribunal upheld the validity of the reference to the Transfer Pricing Officer (TPO) before issuing a notice under Section 143(2) and dismissed the argument that it rendered the assessment order void. In the transfer pricing adjustment case, the Tribunal directed the inclusion of three comparables, reducing the adjustment significantly. Additionally, the Tribunal upheld the CIT(A)'s deletions of additions related to waiver of sales tax deferral loan, provision for indirect taxes, and amortization of spares. The Revenue's appeal was dismissed, and the Tribunal partly allowed the assessee's appeal. en-us Fri, 09 Feb 2018 00:00:00 +0530 Tue, 06 Aug 2019 20:29:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282402 The Tribunal upheld the validity of the reference to the Transfer Pricing Officer (TPO) before issuing a notice under Section 143(2) and dismissed the argument that it rendered the assessment order void. In the transfer pricing adjustment case, the Tribunal directed the inclusion of three comparables, reducing the adjustment significantly. Additionally, the Tribunal upheld the CIT(A)'s deletions of additions related to waiver of sales tax deferral loan, provision for indirect taxes, and amortization of spares. The Revenue's appeal was dismissed, and the Tribunal partly allowed the assessee's appeal. Case-Laws Income Tax Fri, 09 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282402