https://www.taxtmi.com/caselaws?id=235780 The Tribunal remitted the issue of Associated Enterprise (AE) relationship back to the Assessing Officer (AO) for further verification. It upheld the use of the Cost Plus Method (CPM) for Transfer Pricing (TP) over the Transactional Net Margin Method (TNMM) and directed a re-examination of cost allocations. The Tribunal dismissed the application of the +/- 5% range for determining the Arm's Length Price (ALP) and emphasized correct computation of costs and adjustments to total income, restricting adjustments to international transactions only. The Tribunal's orders focused on detailed verification and computation, directing the AO/TPO accordingly. en-us Fri, 31 May 2013 00:00:00 +0530 Fri, 17 Apr 2015 12:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235780 The Tribunal remitted the issue of Associated Enterprise (AE) relationship back to the Assessing Officer (AO) for further verification. It upheld the use of the Cost Plus Method (CPM) for Transfer Pricing (TP) over the Transactional Net Margin Method (TNMM) and directed a re-examination of cost allocations. The Tribunal dismissed the application of the +/- 5% range for determining the Arm's Length Price (ALP) and emphasized correct computation of costs and adjustments to total income, restricting adjustments to international transactions only. The Tribunal's orders focused on detailed verification and computation, directing the AO/TPO accordingly. Case-Laws Income Tax Fri, 31 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235780