https://www.taxtmi.com/caselaws?id=393269 The Tribunal allowed the appeal, determining that the relationship between the assessee and Kaybee Exim Pte Ltd was not that of associated enterprises under Section 92A of the Income Tax Act. As a result, no arm's length price adjustments were warranted for transactions between the entities, leading to the deletion of the impugned ALP adjustment. The decision focused on this key issue, making other legal and factual considerations moot. en-us Fri, 28 Feb 2020 00:00:00 +0530 Tue, 10 Mar 2020 09:17:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393269 The Tribunal allowed the appeal, determining that the relationship between the assessee and Kaybee Exim Pte Ltd was not that of associated enterprises under Section 92A of the Income Tax Act. As a result, no arm's length price adjustments were warranted for transactions between the entities, leading to the deletion of the impugned ALP adjustment. The decision focused on this key issue, making other legal and factual considerations moot. Case-Laws Income Tax Fri, 28 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393269