https://www.taxtmi.com/caselaws?id=209775 The tribunal dismissed the revenue's appeal in a transfer pricing case involving royalty payments, as the tribunal found the royalty payment to be within government-approved limits and in line with market rates. The tribunal emphasized that the royalty payment was integral to the cost of production, recovered from sales prices, and maintained revenue neutrality. The decision was supported by the lack of evidence showing excessive royalty payment or non-arm's length pricing, as well as previous ITAT rulings upholding similar deletions of royalty payment additions. en-us Fri, 16 Dec 2011 00:00:00 +0530 Fri, 20 Jan 2012 11:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209775 The tribunal dismissed the revenue's appeal in a transfer pricing case involving royalty payments, as the tribunal found the royalty payment to be within government-approved limits and in line with market rates. The tribunal emphasized that the royalty payment was integral to the cost of production, recovered from sales prices, and maintained revenue neutrality. The decision was supported by the lack of evidence showing excessive royalty payment or non-arm's length pricing, as well as previous ITAT rulings upholding similar deletions of royalty payment additions. Case-Laws Income Tax Fri, 16 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209775