https://www.taxtmi.com/highlights?id=102619 Omission of the specified domestic transaction provision for related-party expenditure, without a saving clause for pending actions, treats the omitted provision as if it had never existed. Consequently, transfer-pricing cognizance taken under that omitted provision, the reference to the Transfer Pricing Officer, and consequential transfer-pricing proceedings lack validity. Applying this settled position, the Tribunal allowed the taxpayer's grounds and did not sustain the assessment founded on the impugned transfer-pricing reference. en-us Wed, 12 Aug 2026 09:27:05 +0530 Wed, 12 Aug 2026 09:27:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=102619 Omission of the specified domestic transaction provision for related-party expenditure, without a saving clause for pending actions, treats the omitted provision as if it had never existed. Consequently, transfer-pricing cognizance taken under that omitted provision, the reference to the Transfer Pricing Officer, and consequential transfer-pricing proceedings lack validity. Applying this settled position, the Tribunal allowed the taxpayer's grounds and did not sustain the assessment founded on the impugned transfer-pricing reference. Highlights Income Tax Wed, 12 Aug 2026 09:27:05 +0530 https://www.taxtmi.com/highlights?id=102619