ITAT Delhi Set Aside TP Adjustment Due to Ignoring Internal CUP Analysis by TPO

Home Credit India Finance Pvt. Ltd Vs DCIT (ITAT Delhi) The Income Tax Appellate Tribunal (ITAT), Delhi, considered an appeal filed by the assessee against the assessment order dated 26.07.2022 passed under Sections 143(3), 144C(13), and 144B of the Income Tax Act, 1961, in conformity with directions of the Dispute Resolution Panel (DRP) and the Transfer Pricing Officer (TPO). The assessee challenged various additions, primarily relating to transfer pricing adjustment on interest paid on non-convertible debentures (NCDs), disallowance of deduction for incentives, and computation of interest un...