https://www.taxtmi.com/caselaws?id=310135 The Tribunal partly allowed the appeal by directing the Assessing Officer to recompute the Arm's Length Price (ALP), verify additional evidence for the addition under Section 69, and reassess the disallowance of advertisement and IT expenses. The disallowance of the employee's contribution to the provident fund was upheld. The Tribunal found errors in the Transfer Pricing Officer's approach, directing the exclusion of companies with turnovers exceeding Rs. 200 crores and remitting the comparability of certain companies for fresh consideration. The issue of non-compliance with Section 144B was not explicitly addressed in the judgment. en-us Mon, 31 Oct 2022 00:00:00 +0530 Sun, 08 Oct 2023 11:06:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310135 The Tribunal partly allowed the appeal by directing the Assessing Officer to recompute the Arm's Length Price (ALP), verify additional evidence for the addition under Section 69, and reassess the disallowance of advertisement and IT expenses. The disallowance of the employee's contribution to the provident fund was upheld. The Tribunal found errors in the Transfer Pricing Officer's approach, directing the exclusion of companies with turnovers exceeding Rs. 200 crores and remitting the comparability of certain companies for fresh consideration. The issue of non-compliance with Section 144B was not explicitly addressed in the judgment. Case-Laws Income Tax Mon, 31 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310135