https://www.taxtmi.com/caselaws?id=210569 The High Court dismissed the appeals, finding no substantial question of law. It upheld the Tribunal's decision that no further income was attributable to the assessee as the transaction was at arm's length price, supported by the TPO's acceptance of the commission paid to BWIPL. The Court confirmed that transfer pricing provisions did not apply to earlier years, and the FAR Analysis for subsequent years validated the arm's length nature of transactions. The judgment in Set Satellite (Singapore) Pvt. Ltd. was deemed relevant, endorsing the Tribunal's stance. en-us Fri, 30 Sep 2011 00:00:00 +0530 Wed, 15 Feb 2012 10:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210569 The High Court dismissed the appeals, finding no substantial question of law. It upheld the Tribunal's decision that no further income was attributable to the assessee as the transaction was at arm's length price, supported by the TPO's acceptance of the commission paid to BWIPL. The Court confirmed that transfer pricing provisions did not apply to earlier years, and the FAR Analysis for subsequent years validated the arm's length nature of transactions. The judgment in Set Satellite (Singapore) Pvt. Ltd. was deemed relevant, endorsing the Tribunal's stance. Case-Laws Income Tax Fri, 30 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210569