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2020 (12) TMI 517 - HC - Income TaxTP Adjustment - ITAT has remanded the matter back to ‘TPO’ and directed it to consider the combined effect of 14 factors for determining the cost/ value of international transactions in accordance with order passed immediately preceding year of the respondent-assessee in LG Electronics India Pvt. Ltd. [2013 (6) TMI 217 - ITAT DELHI] - HELD THAT:- The said judgment of the Special Bench has already been set aside [2016 (1) TMI 582 - DELHI HIGH COURT] TPO is directed to determine the cost/ value of international transactions. Accordingly, the impugned order of the ITAT is set aside to a limited extent and the TPO is directed to decide the matter in accordance with the directions contained above.
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