https://www.taxtmi.com/caselaws?id=405652 The Tribunal set aside the CIT(A)'s order and remitted the case for fresh adjudication, stressing the necessity of independently examining each assessment year. It emphasized that relying on previous years' TP analysis without verification contravenes Rule 10B(2) of the Income-tax Rules, 1962. The taxpayer's appeal was allowed for statistical purposes, with the case sent back to the CIT(A) for reconsideration. en-us Wed, 03 Mar 2021 00:00:00 +0530 Thu, 25 Mar 2021 09:31:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405652 The Tribunal set aside the CIT(A)'s order and remitted the case for fresh adjudication, stressing the necessity of independently examining each assessment year. It emphasized that relying on previous years' TP analysis without verification contravenes Rule 10B(2) of the Income-tax Rules, 1962. The taxpayer's appeal was allowed for statistical purposes, with the case sent back to the CIT(A) for reconsideration. Case-Laws Income Tax Wed, 03 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405652