https://www.taxtmi.com/caselaws?id=306776 The Tribunal allowed the appeal, setting aside the order of the CIT(A) and deleting the addition made by the A.O under Section 92C of the Income-tax Act. It concluded that the transaction between the parties, being domestic associated enterprises, did not qualify as an international transaction under Section 92B. Therefore, the transfer pricing adjustment was deemed unsustainable, and the provisions for transfer pricing of specified domestic transactions were not applicable for the relevant assessment year. en-us Wed, 16 Oct 2019 00:00:00 +0530 Fri, 24 Feb 2023 09:04:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306776 The Tribunal allowed the appeal, setting aside the order of the CIT(A) and deleting the addition made by the A.O under Section 92C of the Income-tax Act. It concluded that the transaction between the parties, being domestic associated enterprises, did not qualify as an international transaction under Section 92B. Therefore, the transfer pricing adjustment was deemed unsustainable, and the provisions for transfer pricing of specified domestic transactions were not applicable for the relevant assessment year. Case-Laws Income Tax Wed, 16 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306776