https://www.taxtmi.com/caselaws?id=388780 The Tribunal set aside the CIT(A)'s order and directed the A.O./TPO to delete the addition, allowing the appeal filed by the assessee. The Tribunal emphasized that expenditure for business purposes should not be disallowed based on extraneous reasoning and found that the TPO/CIT(A) failed to apply the Comparable Uncontrolled Price (CUP) method appropriately. en-us Fri, 15 Nov 2019 00:00:00 +0530 Fri, 22 Nov 2019 11:02:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388780 The Tribunal set aside the CIT(A)'s order and directed the A.O./TPO to delete the addition, allowing the appeal filed by the assessee. The Tribunal emphasized that expenditure for business purposes should not be disallowed based on extraneous reasoning and found that the TPO/CIT(A) failed to apply the Comparable Uncontrolled Price (CUP) method appropriately. Case-Laws Income Tax Fri, 15 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388780