TP Issue Remanded for Limited Verification, Appeal Allowed for Statistical Purposes

Spectris Technologies Pvt. Ltd. Vs ACIT (ITAT Delhi) Segmental Accounts Can’t Be Ignored Merely Because They’re Unaudited: ITAT Delhi Sends TP Issue Back for Segment-Wise Benchmarking Delhi  ITAT held that transfer-pricing adjustment made by aggregating distinct business segments was unsustainable and required fresh examination in line with earlier year’s binding precedent. The Assessee was engaged in two distinct segments—(i) Agency & Marketing Support Services and (ii) Annual Maintenance Contract (AMC) Services—and had prepared detailed segmental accounts with a clear basis fo...