https://www.taxtmi.com/caselaws?id=782657 The HC dismissed the Revenue's appeal at the admission stage, holding that no substantial question of law arose regarding the transfer pricing adjustment on mark-up for out-of-pocket expenses, as the Revenue had conceded before the ITAT that prescribed methods were not followed and merely sought a fresh opportunity, which could not be raised for the first time before the HC. On the disallowance under s.14A, the HC declined to adjudicate the substantive issues in view of the low tax effect, disposing of the appeal solely on this ground and expressly keeping all questions of law open for future consideration by either side. en-us Thu, 20 Nov 2025 00:00:00 +0530 Tue, 02 Dec 2025 08:35:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782657 The HC dismissed the Revenue's appeal at the admission stage, holding that no substantial question of law arose regarding the transfer pricing adjustment on mark-up for out-of-pocket expenses, as the Revenue had conceded before the ITAT that prescribed methods were not followed and merely sought a fresh opportunity, which could not be raised for the first time before the HC. On the disallowance under s.14A, the HC declined to adjudicate the substantive issues in view of the low tax effect, disposing of the appeal solely on this ground and expressly keeping all questions of law open for future consideration by either side. Case-Laws Income Tax Thu, 20 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782657