https://www.taxtmi.com/caselaws?id=304030 The Income Tax Appellate Tribunal (ITAT) allowed the Assessee's appeal for statistical purposes, remanding the case back to the Assessing Officer (AO) for a fresh determination. The ITAT criticized the AO for not using a prescribed method for benchmarking the arm's length price of intra-group services and emphasized the need for proper documentation. The Assessee's counsel agreed to submit relevant documents for examination, leading to the Tribunal's decision to remit the issue to the AO for further review based on legal guidelines and precedents. en-us Fri, 24 Sep 2021 00:00:00 +0530 Fri, 02 Sep 2022 10:22:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304030 The Income Tax Appellate Tribunal (ITAT) allowed the Assessee's appeal for statistical purposes, remanding the case back to the Assessing Officer (AO) for a fresh determination. The ITAT criticized the AO for not using a prescribed method for benchmarking the arm's length price of intra-group services and emphasized the need for proper documentation. The Assessee's counsel agreed to submit relevant documents for examination, leading to the Tribunal's decision to remit the issue to the AO for further review based on legal guidelines and precedents. Case-Laws Income Tax Fri, 24 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304030