https://www.taxtmi.com/caselaws?id=306474 The Tribunal allowed the appeal, upholding the assessee's plea. It directed the Transfer Pricing Officer to delete the adjustments made to the Arm's Length Price (ALP) for certain services and emphasized the necessity of following prescribed methods under section 92C(1) of the Income Tax Act for determining the ALP of international transactions. The Tribunal's decision aligned with previous rulings in the appellant's case for the relevant assessment years, emphasizing the importance of adherence to established principles and procedures in transfer pricing matters. en-us Thu, 21 Apr 2022 00:00:00 +0530 Thu, 02 Feb 2023 08:57:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306474 The Tribunal allowed the appeal, upholding the assessee's plea. It directed the Transfer Pricing Officer to delete the adjustments made to the Arm's Length Price (ALP) for certain services and emphasized the necessity of following prescribed methods under section 92C(1) of the Income Tax Act for determining the ALP of international transactions. The Tribunal's decision aligned with previous rulings in the appellant's case for the relevant assessment years, emphasizing the importance of adherence to established principles and procedures in transfer pricing matters. Case-Laws Income Tax Thu, 21 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306474