https://www.taxtmi.com/caselaws?id=431745 The tribunal remitted the case back to the Assessing Officer, directing a review of the segmental accounts prepared by the appellant. The tribunal found merit in the appellant's arguments regarding the rejection of segmental profitability for benchmarking analysis and cited relevant case laws supporting this position. Unless the Assessing Officer could provide cogent reasoning to rebut the segmental accounts, he was instructed to accept them. The appeal was allowed for statistical purposes, and the case outcome was pronounced in open court on 02.08.2022. en-us Tue, 02 Aug 2022 00:00:00 +0530 Mon, 19 Dec 2022 16:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431745 The tribunal remitted the case back to the Assessing Officer, directing a review of the segmental accounts prepared by the appellant. The tribunal found merit in the appellant's arguments regarding the rejection of segmental profitability for benchmarking analysis and cited relevant case laws supporting this position. Unless the Assessing Officer could provide cogent reasoning to rebut the segmental accounts, he was instructed to accept them. The appeal was allowed for statistical purposes, and the case outcome was pronounced in open court on 02.08.2022. Case-Laws Income Tax Tue, 02 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431745