https://www.taxtmi.com/caselaws?id=390338 The Tribunal remanded the transfer pricing adjustments, allocation of third-party and indirect expenses, and consideration of interest and exchange losses as operating expenses back to the Transfer Pricing Officer for re-examination and determination of the arm's-length price. The challenge to the validity of the order passed by the Additional Commissioner of Income Tax was dismissed, confirming the Commissioner's authority to act as a Transfer Pricing Officer. The appeals were allowed for statistical purposes, and the Assessee's cross-objections were dismissed. en-us Fri, 18 Oct 2019 00:00:00 +0530 Mon, 30 Dec 2019 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390338 The Tribunal remanded the transfer pricing adjustments, allocation of third-party and indirect expenses, and consideration of interest and exchange losses as operating expenses back to the Transfer Pricing Officer for re-examination and determination of the arm's-length price. The challenge to the validity of the order passed by the Additional Commissioner of Income Tax was dismissed, confirming the Commissioner's authority to act as a Transfer Pricing Officer. The appeals were allowed for statistical purposes, and the Assessee's cross-objections were dismissed. Case-Laws Income Tax Fri, 18 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390338