https://www.taxtmi.com/caselaws?id=391253 The Tribunal partly allowed the appeal, setting aside the impugned order and directing a fresh determination of the Arm's Length Price (ALP) with specified directions. The Tribunal emphasized using the original rate of interest for calculating the working capital adjustment and clarified that depreciation adjustments should only be made if there are differences in depreciation rates on similar assets. The matter was remitted back for a fresh determination, ensuring the assessee's right to a reasonable opportunity of hearing. en-us Tue, 21 Jan 2020 00:00:00 +0530 Thu, 23 Jan 2020 14:25:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391253 The Tribunal partly allowed the appeal, setting aside the impugned order and directing a fresh determination of the Arm's Length Price (ALP) with specified directions. The Tribunal emphasized using the original rate of interest for calculating the working capital adjustment and clarified that depreciation adjustments should only be made if there are differences in depreciation rates on similar assets. The matter was remitted back for a fresh determination, ensuring the assessee's right to a reasonable opportunity of hearing. Case-Laws Income Tax Tue, 21 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391253