https://www.taxtmi.com/caselaws?id=786167 Transfer pricing adjustment challenged on intragroup management fees where AO found no services provided; Tribunal noted assessee must prove payments were incurred for business purposes and therefore set aside AO/TPO and DRP directions, remitting the matter for fresh adjudication with opportunity to produce evidence - grounds 2-12 allowed for statistical purposes. On addition relating to noninterest receipts offset against electricity expenses, Tribunal directed factual verification by AO and ordered deletion if reconciliation and supporting documents validate the assessee's claim. en-us Wed, 04 Feb 2026 00:00:00 +0530 Sat, 07 Feb 2026 07:19:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786167 Transfer pricing adjustment challenged on intragroup management fees where AO found no services provided; Tribunal noted assessee must prove payments were incurred for business purposes and therefore set aside AO/TPO and DRP directions, remitting the matter for fresh adjudication with opportunity to produce evidence - grounds 2-12 allowed for statistical purposes. On addition relating to noninterest receipts offset against electricity expenses, Tribunal directed factual verification by AO and ordered deletion if reconciliation and supporting documents validate the assessee's claim. Case-Laws Income Tax Wed, 04 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786167