https://www.taxtmi.com/caselaws?id=397816 The appeal challenged jurisdictional errors in the reference made by the Assessing Officer to the Transfer Pricing Officer without proper reasons. The case also contested adjustments to the arm's length price of international transactions, initiation of penalty proceedings, and the computation of interest under various sections of the Income Tax Act. The judgment ruled in favor of the appellant, emphasizing the importance of procedural compliance, accurate interest calculations, and adherence to regulatory frameworks in tax assessments. en-us Wed, 26 Aug 2020 00:00:00 +0530 Sat, 29 Aug 2020 19:43:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397816 The appeal challenged jurisdictional errors in the reference made by the Assessing Officer to the Transfer Pricing Officer without proper reasons. The case also contested adjustments to the arm's length price of international transactions, initiation of penalty proceedings, and the computation of interest under various sections of the Income Tax Act. The judgment ruled in favor of the appellant, emphasizing the importance of procedural compliance, accurate interest calculations, and adherence to regulatory frameworks in tax assessments. Case-Laws Income Tax Wed, 26 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397816