https://www.taxtmi.com/caselaws?id=433930 The Tribunal partially allowed the appeal, directing the AO/TPO to reconsider Transfer Pricing adjustments for outstanding receivables, rectify computational errors in book profits and total income, and recompute interest under section 244A. Emphasizing adherence to legal principles, the Tribunal highlighted the importance of proper inquiry in determining the arm's length price and other computations. The appeal was allowed for statistical purposes, with instructions for the AO to grant the assessee a fair opportunity to present their case. en-us Mon, 14 Nov 2022 00:00:00 +0530 Mon, 13 Feb 2023 18:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433930 The Tribunal partially allowed the appeal, directing the AO/TPO to reconsider Transfer Pricing adjustments for outstanding receivables, rectify computational errors in book profits and total income, and recompute interest under section 244A. Emphasizing adherence to legal principles, the Tribunal highlighted the importance of proper inquiry in determining the arm's length price and other computations. The appeal was allowed for statistical purposes, with instructions for the AO to grant the assessee a fair opportunity to present their case. Case-Laws Income Tax Mon, 14 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433930