https://www.taxtmi.com/caselaws?id=770221 ITAT DELHI held in favor of the appellant regarding TP adjustment for supervision services and central services. The Tribunal found that AO erred by not following DRP directions to benefit the assessee based on previous favorable decisions in appellant's own cases for AYs 2014-15, 2016-17, 2017-18, and 2018-19. Coordinate benches had consistently held that mark-up charged by associated enterprise for services should be allowed and deleted entire adjustments. The Tribunal concluded that arm's length nature of mark-up was no longer res integra, directing deletion of the TP adjustment. en-us Tue, 10 Dec 2024 00:00:00 +0530 Thu, 08 May 2025 09:13:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770221 ITAT DELHI held in favor of the appellant regarding TP adjustment for supervision services and central services. The Tribunal found that AO erred by not following DRP directions to benefit the assessee based on previous favorable decisions in appellant's own cases for AYs 2014-15, 2016-17, 2017-18, and 2018-19. Coordinate benches had consistently held that mark-up charged by associated enterprise for services should be allowed and deleted entire adjustments. The Tribunal concluded that arm's length nature of mark-up was no longer res integra, directing deletion of the TP adjustment. Case-Laws Income Tax Tue, 10 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770221