https://www.taxtmi.com/caselaws?id=306538 The Tribunal upheld the CIT(A)'s decision to characterize the assessee as a trader instead of a manufacturer, leading to the deletion of Transfer Pricing adjustments and directing fresh benchmarking of international transactions. The CIT(A)'s authority to set aside issues for fresh benchmarking was deemed valid, including the acceptance of additional documents without a remand report. The Tribunal dismissed the Revenue's appeals, affirming the CIT(A)'s actions and endorsing the assessee's status as a trader for the relevant assessment year. en-us Mon, 14 Mar 2022 00:00:00 +0530 Wed, 08 Feb 2023 07:32:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306538 The Tribunal upheld the CIT(A)'s decision to characterize the assessee as a trader instead of a manufacturer, leading to the deletion of Transfer Pricing adjustments and directing fresh benchmarking of international transactions. The CIT(A)'s authority to set aside issues for fresh benchmarking was deemed valid, including the acceptance of additional documents without a remand report. The Tribunal dismissed the Revenue's appeals, affirming the CIT(A)'s actions and endorsing the assessee's status as a trader for the relevant assessment year. Case-Laws Income Tax Mon, 14 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306538