TP Adjustment - apportioning the expenses of assessee’s ...

Case Laws Income Tax

December 29, 2023

TP Adjustment - apportioning the expenses of assessee’s affiliates - Also noted that the assessee has received certain services from its AE which has been treated by the Ld.TPO at arms length by the assessee. However, the Ld.TPO has apportioned 1/5th of the expenses once again to the assessee and proposed a TP adjustment which in our view amounts to double addition. Such kind of computation of adjustment is not in accordance to the sound principles of transfer pricing rules. - AT

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TP Adjustment - apportioning the expenses of assessee’s ...

Case Laws Income Tax

December 29, 2023

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