https://www.taxtmi.com/caselaws?id=207155 The Tribunal rejected the Cost Plus Method (CPM) and Comparable Uncontrolled Price (CUP) method for determining the Arm's Length Price (ALP) in various transactions. It upheld the application of Transactional Net Margin Method (TNMM) but emphasized the need for proper documentation and verification. The Tribunal found errors in the lower authorities' decisions and remitted the matter for fresh adjudication, stressing the importance of detailed and reasoned orders based on correct methodologies and thorough analysis. en-us Wed, 07 Sep 2011 00:00:00 +0530 Wed, 30 Nov 2011 08:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207155 The Tribunal rejected the Cost Plus Method (CPM) and Comparable Uncontrolled Price (CUP) method for determining the Arm's Length Price (ALP) in various transactions. It upheld the application of Transactional Net Margin Method (TNMM) but emphasized the need for proper documentation and verification. The Tribunal found errors in the lower authorities' decisions and remitted the matter for fresh adjudication, stressing the importance of detailed and reasoned orders based on correct methodologies and thorough analysis. Case-Laws Income Tax Wed, 07 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207155