https://www.taxtmi.com/caselaws?id=297203 The Tribunal set aside the orders of the Dispute Resolution Panel and Transfer Pricing Officer, directing the Assessing Officer to delete the proposed adjustments on international transactions. The Tribunal emphasized the TPO's obligation to follow prescribed methods under Section 92C of the Income-tax Act, highlighting the necessity for statutory compliance in determining the arm's length price. The appeal was allowed, dismissing other grounds raised by the assessee as academic in light of the primary issue's resolution. en-us Tue, 17 Dec 2019 00:00:00 +0530 Mon, 23 Aug 2021 12:13:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297203 The Tribunal set aside the orders of the Dispute Resolution Panel and Transfer Pricing Officer, directing the Assessing Officer to delete the proposed adjustments on international transactions. The Tribunal emphasized the TPO's obligation to follow prescribed methods under Section 92C of the Income-tax Act, highlighting the necessity for statutory compliance in determining the arm's length price. The appeal was allowed, dismissing other grounds raised by the assessee as academic in light of the primary issue's resolution. Case-Laws Income Tax Tue, 17 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297203