https://www.taxtmi.com/caselaws?id=205130 The Tribunal upheld the transfer pricing adjustment of Rs. 3,49,14,706, made by the Transfer Pricing Officer (TPO) and upheld by the Dispute Resolution Panel (DRP). The adjustment was based on discrepancies in coal purchase prices between the assessee and another company, using the Comparable Uncontrolled Price (CUP) method for Arm's-Length Price (ALP) determination. The Tribunal found the adjustment justified, emphasizing the straightforward comparison of prices as valid grounds for the decision. As a result, the appeal filed by the assessee was dismissed, affirming the addition to the assessee's income. en-us Wed, 13 Jul 2011 00:00:00 +0530 Mon, 01 Jun 2026 10:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205130 The Tribunal upheld the transfer pricing adjustment of Rs. 3,49,14,706, made by the Transfer Pricing Officer (TPO) and upheld by the Dispute Resolution Panel (DRP). The adjustment was based on discrepancies in coal purchase prices between the assessee and another company, using the Comparable Uncontrolled Price (CUP) method for Arm's-Length Price (ALP) determination. The Tribunal found the adjustment justified, emphasizing the straightforward comparison of prices as valid grounds for the decision. As a result, the appeal filed by the assessee was dismissed, affirming the addition to the assessee's income. Case-Laws Income Tax Wed, 13 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205130