https://www.taxtmi.com/caselaws?id=765114 The ITAT Delhi remitted transfer pricing matters back to the AO/TPO for fresh consideration after accepting additional evidence from the assessee. The tribunal directed the AO/TPO to verify expense allocation and segmental reports based on the accepted allocation method from AY 2021-22, compare discounts offered by associated enterprises in controlled versus uncontrolled transactions, and benchmark international transactions using internal comparable uncontrolled price method. Additionally, the tribunal remitted issues regarding outstanding sundry creditors to the AO for verification of confirmations and explanations that were unavailable during original assessment proceedings. Both grounds were allowed for statistical purposes with directions for proper opportunity of hearing. en-us Wed, 22 Jan 2025 00:00:00 +0530 Sat, 25 Jan 2025 08:26:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765114 The ITAT Delhi remitted transfer pricing matters back to the AO/TPO for fresh consideration after accepting additional evidence from the assessee. The tribunal directed the AO/TPO to verify expense allocation and segmental reports based on the accepted allocation method from AY 2021-22, compare discounts offered by associated enterprises in controlled versus uncontrolled transactions, and benchmark international transactions using internal comparable uncontrolled price method. Additionally, the tribunal remitted issues regarding outstanding sundry creditors to the AO for verification of confirmations and explanations that were unavailable during original assessment proceedings. Both grounds were allowed for statistical purposes with directions for proper opportunity of hearing. Case-Laws Income Tax Wed, 22 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765114