https://www.taxtmi.com/caselaws?id=305821 The Tribunal upheld the order of the Principal Commissioner, finding the assessment order erroneous and prejudicial to revenue due to the failure to consider the Transfer Pricing Officer's adjustments. The Tribunal emphasized that the reference to the TPO was essential for tax purposes, leading to the dismissal of the assessee's appeal and affirming the correctness of the order under Section 263 of the Income Tax Act, 1961. en-us Mon, 10 Jan 2022 00:00:00 +0530 Tue, 27 Dec 2022 06:28:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305821 The Tribunal upheld the order of the Principal Commissioner, finding the assessment order erroneous and prejudicial to revenue due to the failure to consider the Transfer Pricing Officer's adjustments. The Tribunal emphasized that the reference to the TPO was essential for tax purposes, leading to the dismissal of the assessee's appeal and affirming the correctness of the order under Section 263 of the Income Tax Act, 1961. Case-Laws Income Tax Mon, 10 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305821