TPO only has to compute ALP & not suppose to comment on a transaction

ITAT BANGALORE BENCH ‘A’ Festo Controls (P.) Ltd. Versus Deputy Commissioner of Income-tax, Circle 11(3), Bangalore IT (TP) APPEAL NO. 969 (BANG.) OF 2011 [ASSESSMENT YEAR 2007-08] JANUARY 4, 2013 ORDER N.V. Vasudevan, Judicial Member   This is an appeal by the assessee against the order dated 23.09.2011 passed by the Dy. Commissioner of Income-tax, Circle 11(3), Bangalore u/s. 144C of the Income-tax Act, 1961 [hereinafter referred to as “the Act” in short”]. 2. The grounds of appeal raised by the assessee reads as follows:-  1.  The order of...