https://www.taxtmi.com/caselaws?id=391002 The ITAT partly allowed the appeal of the assessee, dismissing grounds related to the applicability of provisions of Specified Domestic Transaction and the reference to the Transfer Pricing Officer. The ITAT concluded that the 10% ad hoc addition made by the DRP on transfer pricing adjustment lacked justification as it was not supported by prescribed methods or benchmarking. The order was pronounced on 10th January 2020. en-us Fri, 10 Jan 2020 00:00:00 +0530 Thu, 16 Jan 2020 19:12:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391002 The ITAT partly allowed the appeal of the assessee, dismissing grounds related to the applicability of provisions of Specified Domestic Transaction and the reference to the Transfer Pricing Officer. The ITAT concluded that the 10% ad hoc addition made by the DRP on transfer pricing adjustment lacked justification as it was not supported by prescribed methods or benchmarking. The order was pronounced on 10th January 2020. Case-Laws Income Tax Fri, 10 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391002