ITAT Delhi Deletes ₹68 Cr TP Adjustments: Projections Cannot Be Replaced with Actuals

Ecoenergy Insights Ltd. Vs DCIT (ITAT Delhi) ITAT Delhi Strikes Down Entire TP Additions: Projections Cannot Be Replaced With Actuals; ALP of Support Services Cannot Be Fixed at NIL; Valuation Not an Exact Science: Independent Valuer’s Report Cannot Be Rewritten by TPO Using Actual Results- ITAT Deletes ₹68 Cr TP Adjustments in Ecoenergy Insights Case Delhi Tribunal adjudicated multiple transfer pricing adjustments made in the case of Ecoenergy Insights Ltd. (formerly Chubb Alba Control Systems Pvt. Ltd.) for AY 2018-19 under section 147 r.w.s. 144C/144B. Assessee challenged several TP ad...