https://www.taxtmi.com/caselaws?id=218447 The case involved an appeal by the assessee against a transfer pricing adjustment under section 92C of the Income Tax Act, 1961, related to pricing green Coffee beans sold to an associated enterprise. The Dispute Resolution Panel upheld the Transfer Pricing Officer's adjustment based on the Comparable Uncontrolled Price method, utilizing prices from the Coffee Board. However, the Tribunal referred to a previous judgment, remanding the matter for a reevaluation of the Arm's Length Price determination method. The decision highlights the importance of industry-specific factors and judicial precedent in transfer pricing disputes. en-us Fri, 14 Sep 2012 00:00:00 +0530 Sat, 10 Nov 2012 10:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218447 The case involved an appeal by the assessee against a transfer pricing adjustment under section 92C of the Income Tax Act, 1961, related to pricing green Coffee beans sold to an associated enterprise. The Dispute Resolution Panel upheld the Transfer Pricing Officer's adjustment based on the Comparable Uncontrolled Price method, utilizing prices from the Coffee Board. However, the Tribunal referred to a previous judgment, remanding the matter for a reevaluation of the Arm's Length Price determination method. The decision highlights the importance of industry-specific factors and judicial precedent in transfer pricing disputes. Case-Laws Income Tax Fri, 14 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218447