https://www.taxtmi.com/caselaws?id=297251 The appeal was partly allowed. The addition of Rs. 74,70,102/- on account of ALP adjustment for purchase/sale of raw materials/finished goods was deleted as it fell within the permissible arm's length range. The adjustment for intra-group services was remanded back to the TPO for verification of tangible benefits. The disallowance of carry forward loss and depreciation was directed to be verified and allowed as per law. Interest under Sections 234B and 234C was deemed consequential. en-us Fri, 10 May 2019 00:00:00 +0530 Wed, 25 Aug 2021 09:06:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297251 The appeal was partly allowed. The addition of Rs. 74,70,102/- on account of ALP adjustment for purchase/sale of raw materials/finished goods was deleted as it fell within the permissible arm's length range. The adjustment for intra-group services was remanded back to the TPO for verification of tangible benefits. The disallowance of carry forward loss and depreciation was directed to be verified and allowed as per law. Interest under Sections 234B and 234C was deemed consequential. Case-Laws Income Tax Fri, 10 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297251