https://www.taxtmi.com/caselaws?id=787093 Omission of the statutory provision empowering reference to a transfer pricing authority (Section 92BA(1)) without a saving clause was held to render that provision non-existent for the purposes at hand, removing the jurisdictional basis for any reference to the TPO; accordingly references and consequent transfer pricing adjustments were invalid. The tribunal further held that statutory disclosure of specified domestic transactions in Form 3CEB under Section 92E does not cure the absence of jurisdiction where the enabling provision is omitted. The appellate deletion of the adjustment was therefore upheld. en-us Mon, 23 Feb 2026 00:00:00 +0530 Thu, 26 Feb 2026 07:35:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787093 Omission of the statutory provision empowering reference to a transfer pricing authority (Section 92BA(1)) without a saving clause was held to render that provision non-existent for the purposes at hand, removing the jurisdictional basis for any reference to the TPO; accordingly references and consequent transfer pricing adjustments were invalid. The tribunal further held that statutory disclosure of specified domestic transactions in Form 3CEB under Section 92E does not cure the absence of jurisdiction where the enabling provision is omitted. The appellate deletion of the adjustment was therefore upheld. Case-Laws Income Tax Mon, 23 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787093