https://www.taxtmi.com/caselaws?id=439545 The Tribunal allowed the appeal filed by the assessee, setting aside the lower authorities' orders. The Tribunal found the TPO's assumption regarding the transfer pricing adjustment to be incorrect, noting that the power transfer was through a specific entity and the assessee complied with duties and taxes. Additionally, the Tribunal considered consistency in the TPO's approach with previous judicial decisions and ruled in favor of the assessee, deleting the addition of Rs. 10,75,03,219/- made by the TPO. en-us Wed, 21 Jun 2023 00:00:00 +0530 Mon, 26 Jun 2023 10:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439545 The Tribunal allowed the appeal filed by the assessee, setting aside the lower authorities' orders. The Tribunal found the TPO's assumption regarding the transfer pricing adjustment to be incorrect, noting that the power transfer was through a specific entity and the assessee complied with duties and taxes. Additionally, the Tribunal considered consistency in the TPO's approach with previous judicial decisions and ruled in favor of the assessee, deleting the addition of Rs. 10,75,03,219/- made by the TPO. Case-Laws Income Tax Wed, 21 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439545