https://www.taxtmi.com/caselaws?id=310364 The Tribunal allowed the assessee's appeal regarding transfer pricing (TP) adjustments, directing verification of Profit Level Indicator (PLI) figures due to identified errors, thus rendering other TP grounds academic. However, it upheld the disallowance of a prior period expense of Rs. 5,63,234/- claimed as a rebate, citing insufficient evidence for the claim in the current year for previous sales. Other non-TP grounds were dismissed as either not pressed or premature. The appeal was partly allowed, with the order pronounced on July 17, 2019. en-us Wed, 17 Jul 2019 00:00:00 +0530 Fri, 20 Oct 2023 10:16:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310364 The Tribunal allowed the assessee's appeal regarding transfer pricing (TP) adjustments, directing verification of Profit Level Indicator (PLI) figures due to identified errors, thus rendering other TP grounds academic. However, it upheld the disallowance of a prior period expense of Rs. 5,63,234/- claimed as a rebate, citing insufficient evidence for the claim in the current year for previous sales. Other non-TP grounds were dismissed as either not pressed or premature. The appeal was partly allowed, with the order pronounced on July 17, 2019. Case-Laws Income Tax Wed, 17 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310364