https://www.taxtmi.com/caselaws?id=309595 The appeal challenged an assessment order by the Dy. Commissioner of Income Tax, Corporate Circle I(2), Chennai, under section 143(3) r.w.s. 92CA(3) of the Income-tax Act for the assessment year 2011-12. The appellant disputed the addition of Rs. 1,83,00,000 to its total income due to arm's length price adjustment of international transactions with its Associated Enterprise. The case involved disputes over economic analysis, Profit Level Indicator rejection, Operating Profit Margin calculations, comparables selection for benchmarking, working capital adjustments, and non-compliance with DRP directions on setting off business losses against profits under section 10B. The lack of proper adjudication led to a remittance of issues for reconsideration. en-us Fri, 29 Jul 2016 00:00:00 +0530 Tue, 12 Sep 2023 22:28:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309595 The appeal challenged an assessment order by the Dy. Commissioner of Income Tax, Corporate Circle I(2), Chennai, under section 143(3) r.w.s. 92CA(3) of the Income-tax Act for the assessment year 2011-12. The appellant disputed the addition of Rs. 1,83,00,000 to its total income due to arm's length price adjustment of international transactions with its Associated Enterprise. The case involved disputes over economic analysis, Profit Level Indicator rejection, Operating Profit Margin calculations, comparables selection for benchmarking, working capital adjustments, and non-compliance with DRP directions on setting off business losses against profits under section 10B. The lack of proper adjudication led to a remittance of issues for reconsideration. Case-Laws Income Tax Fri, 29 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309595