https://www.taxtmi.com/caselaws?id=201410 ITAT held the Transfer Pricing Officer was entitled to reassess the arm's length price using the most appropriate method and legitimately applied the CUP method for imported APIs where reliable comparables existed, finding the APIs not unique and susceptible to price manipulation. The Tribunal found no illegality in the Assessing Officer referring the matter to the TPO after 30 June 2003, observing the CBDT instruction did not create an absolute time bar. Appeal by the assessee was dismissed and the assessment for AY 2002-03 upheld. en-us Fri, 31 Dec 2010 00:00:00 +0530 Tue, 26 Aug 2025 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201410 ITAT held the Transfer Pricing Officer was entitled to reassess the arm's length price using the most appropriate method and legitimately applied the CUP method for imported APIs where reliable comparables existed, finding the APIs not unique and susceptible to price manipulation. The Tribunal found no illegality in the Assessing Officer referring the matter to the TPO after 30 June 2003, observing the CBDT instruction did not create an absolute time bar. Appeal by the assessee was dismissed and the assessment for AY 2002-03 upheld. Case-Laws Income Tax Fri, 31 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201410