Info on website of Foreign co. can’t label it as AE of assessee without any documentary evidence, sa

IT/ILT : In absence of any documentary evidence on record, Assessing Officer merely on basis of information available on website of foreign company, could not opine that Managing Director of assessee-company was also Chairman and Managing Director of said foreign company with whom assessee had transactions worth more than Rs. 34 crores and, therefore, those international transactions were entered into with Associated Enterprise (AE)