https://www.taxtmi.com/caselaws?id=436258 The Tribunal allowed the appellant's appeal, holding that the ad-hoc determination of the arm's length price by the Transfer Pricing Officer without jurisdiction is unsustainable in law. Consequently, the Tribunal deleted the addition made by the Assessing Officer, which was upheld by the Commissioner of Income Tax (Appeals). As a result, the other grounds raised by the appellant became inconsequential, and the appeal was allowed. en-us Thu, 06 Apr 2023 00:00:00 +0530 Fri, 07 Apr 2023 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436258 The Tribunal allowed the appellant's appeal, holding that the ad-hoc determination of the arm's length price by the Transfer Pricing Officer without jurisdiction is unsustainable in law. Consequently, the Tribunal deleted the addition made by the Assessing Officer, which was upheld by the Commissioner of Income Tax (Appeals). As a result, the other grounds raised by the appellant became inconsequential, and the appeal was allowed. Case-Laws Income Tax Thu, 06 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436258