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Income Tax - Highlights / Catch Notes

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TP Adjustment - re-computation of ALP by combining both Import ...


Appellate Authority Upholds Use of TNMM Over Resale Price Method for Transfer Pricing Adjustment in ALP Calculation.

March 3, 2021

Case Laws     Income Tax     AT

TP Adjustment - re-computation of ALP by combining both Import of material and Export of Finished goods and applying TNMM and thereby upward adjustment - The order of AP/TPO directing the DRP in rejecting the resale price method adopted by the assessee and adopting transactional net margin method as the most appropriate method sustained - AT

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