https://www.taxtmi.com/caselaws?id=774964 The ITAT Kolkata directed deletion of an addition under section 69 due to lack of discussion in the AO's order, accepting the DR's argument that it was made due to oversight. Regarding TP adjustment, the matter was remanded to the TPO to recalculate the Arm's Length PLI considering an agreement dated 24.03.2025 between the assessee and CBDT, despite the impugned order predating this agreement. The AO was directed to give effect to the TPO's subsequent working. For interest under section 234A, the issue was remanded to the AO to recalculate after considering the assessee's submissions regarding CBDT's extension of return filing date, as there was no proper discussion in the original order and interest appeared to be charged only in the computation part. en-us Mon, 23 Jun 2025 00:00:00 +0530 Thu, 17 Jul 2025 08:19:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774964 The ITAT Kolkata directed deletion of an addition under section 69 due to lack of discussion in the AO's order, accepting the DR's argument that it was made due to oversight. Regarding TP adjustment, the matter was remanded to the TPO to recalculate the Arm's Length PLI considering an agreement dated 24.03.2025 between the assessee and CBDT, despite the impugned order predating this agreement. The AO was directed to give effect to the TPO's subsequent working. For interest under section 234A, the issue was remanded to the AO to recalculate after considering the assessee's submissions regarding CBDT's extension of return filing date, as there was no proper discussion in the original order and interest appeared to be charged only in the computation part. Case-Laws Income Tax Mon, 23 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774964