https://www.taxtmi.com/caselaws?id=460442 The Delhi HC addressed an appeal concerning adjustments made by the TPO related to transfer pricing and tax matters. The court focused on two main issues: the deletion of adjustments for the Arm's Length Price (ALP) and the transfer of power, indicating potential acceptance of ITAT's methodologies in subsequent assessments. The court found no substantial issues in the other questions concerning steam transfers, disallowance under section 14A, and education cess deduction. The appeal will be reconsidered on a future date, specifically regarding the ALP and power transfer adjustments. en-us Thu, 02 May 2024 00:00:00 +0530 Fri, 24 Jan 2025 13:30:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460442 The Delhi HC addressed an appeal concerning adjustments made by the TPO related to transfer pricing and tax matters. The court focused on two main issues: the deletion of adjustments for the Arm's Length Price (ALP) and the transfer of power, indicating potential acceptance of ITAT's methodologies in subsequent assessments. The court found no substantial issues in the other questions concerning steam transfers, disallowance under section 14A, and education cess deduction. The appeal will be reconsidered on a future date, specifically regarding the ALP and power transfer adjustments. Case-Laws Income Tax Thu, 02 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460442