TP Adjustment - ALP of International Transactions of import of ...

Case Laws Income Tax

November 30, 2023

TP Adjustment - ALP of International Transactions of import of fixed assets - Even though the Ld. TPO had mentioned that he is following CUP method as the most appropriate method for benchmarking this transaction, in effect, he had not adopted CUP method as per Rule 10B of the Rules. This is because of the fact that he had not brought on record any comparable uncontrolled transactions to justify the basis of adoption under CUP. - Additions deleted - AT

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TP Adjustment - ALP of International Transactions of import of ...

Case Laws Income Tax

November 30, 2023

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