https://www.taxtmi.com/caselaws?id=788137 Transfer pricing adjustments raised on the same factual matrix must follow earlier precedent and need not be relitigated where precedent applies; separate transactional adjustments do not survive if entity level benchmarking is accepted or precedent settles the issue. Disallowance of investment related expenditure cannot be applied mechanically under the rules governing exempt income; the tax officer must record a clear, material based satisfaction and specify defects in the assessee's suo motu disallowance before making additions. Reliance on tribunal authorities to require reasoned AO/DRP findings is upheld, and the appellate tribunal's order was sustained on these principles. en-us Thu, 26 Feb 2026 00:00:00 +0530 Tue, 17 Mar 2026 08:23:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788137 Transfer pricing adjustments raised on the same factual matrix must follow earlier precedent and need not be relitigated where precedent applies; separate transactional adjustments do not survive if entity level benchmarking is accepted or precedent settles the issue. Disallowance of investment related expenditure cannot be applied mechanically under the rules governing exempt income; the tax officer must record a clear, material based satisfaction and specify defects in the assessee's suo motu disallowance before making additions. Reliance on tribunal authorities to require reasoned AO/DRP findings is upheld, and the appellate tribunal's order was sustained on these principles. Case-Laws Income Tax Thu, 26 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788137