https://www.taxtmi.com/caselaws?id=309797 The Tribunal allowed the assessee's appeal, remanding various issues back to the AO/TPO for fresh determination. The Tribunal directed a segmented approach for ALP determination, considering distinct business segments. It deleted disallowance under Section 40(a)(i) and remanded for re-examination. The issue of disallowance under Section 43B was remanded for verification as per High Court law. Ad-hoc disallowance of travelling expenditure was also remanded for fresh examination. The Tribunal emphasized affording effective opportunities to the assessee and deciding issues in accordance with the law. en-us Fri, 05 Apr 2019 00:00:00 +0530 Mon, 09 Oct 2023 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309797 The Tribunal allowed the assessee's appeal, remanding various issues back to the AO/TPO for fresh determination. The Tribunal directed a segmented approach for ALP determination, considering distinct business segments. It deleted disallowance under Section 40(a)(i) and remanded for re-examination. The issue of disallowance under Section 43B was remanded for verification as per High Court law. Ad-hoc disallowance of travelling expenditure was also remanded for fresh examination. The Tribunal emphasized affording effective opportunities to the assessee and deciding issues in accordance with the law. Case-Laws Income Tax Fri, 05 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309797