https://www.taxtmi.com/caselaws?id=389149 The Tribunal dismissed both the Revenue's appeal and the assessee's cross objection, with the decision being announced on 28th November, 2019. The Revenue's grounds challenging the DRP's directions on Cash Profit Level Indicator (PLI) and custom duty adjustment were deemed not maintainable as they were based on concessions by the Transfer Pricing Officer during remand proceedings. The Tribunal emphasized that under section 253(2A) of the Act, the Revenue cannot appeal against directions based on such concessions. en-us Thu, 28 Nov 2019 00:00:00 +0530 Mon, 02 Dec 2019 16:46:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389149 The Tribunal dismissed both the Revenue's appeal and the assessee's cross objection, with the decision being announced on 28th November, 2019. The Revenue's grounds challenging the DRP's directions on Cash Profit Level Indicator (PLI) and custom duty adjustment were deemed not maintainable as they were based on concessions by the Transfer Pricing Officer during remand proceedings. The Tribunal emphasized that under section 253(2A) of the Act, the Revenue cannot appeal against directions based on such concessions. Case-Laws Income Tax Thu, 28 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389149