https://www.taxtmi.com/caselaws?id=234196 The Tribunal upheld the CIT(A)'s decision to delete the addition made by the TPO for royalty computation, ruling in favor of the assessee. The Tribunal emphasized the application of the proviso to Section 92C(2) of the Income-tax Act, 1961, and determined that the assessee was entitled to claim the declared net profit margin as the arm's length price due to the difference falling within the permissible limit. The Revenue's appeal was dismissed, providing clarity on interpreting arm's length price for royalty computation. en-us Fri, 17 May 2013 00:00:00 +0530 Sat, 02 Nov 2013 10:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234196 The Tribunal upheld the CIT(A)'s decision to delete the addition made by the TPO for royalty computation, ruling in favor of the assessee. The Tribunal emphasized the application of the proviso to Section 92C(2) of the Income-tax Act, 1961, and determined that the assessee was entitled to claim the declared net profit margin as the arm's length price due to the difference falling within the permissible limit. The Revenue's appeal was dismissed, providing clarity on interpreting arm's length price for royalty computation. Case-Laws Income Tax Fri, 17 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234196