https://www.taxtmi.com/caselaws?id=386727 The Tribunal remanded the Arm's Length Price (ALP) determination issue to the Transfer Pricing Officer (TPO)/Assessing Officer (AO) for fresh consideration with guidelines on capacity utilization adjustments. Regarding the disallowance of revenue expenditure, the Tribunal directed the AO to allow the alternative claim for depreciation based on legal precedent. The appeal was partly allowed. en-us Wed, 25 Sep 2019 00:00:00 +0530 Mon, 07 Oct 2019 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386727 The Tribunal remanded the Arm's Length Price (ALP) determination issue to the Transfer Pricing Officer (TPO)/Assessing Officer (AO) for fresh consideration with guidelines on capacity utilization adjustments. Regarding the disallowance of revenue expenditure, the Tribunal directed the AO to allow the alternative claim for depreciation based on legal precedent. The appeal was partly allowed. Case-Laws Income Tax Wed, 25 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386727