Tribunal Error: Misunderstanding Arm's Length Price When Comparable Entity's Profit Level Indicator Is Lower Than Taxpayer's.

Tribunal Error: Misunderstanding Arm's Length Price When Comparable Entity's Profit Level Indicator Is Lower Than Taxpayer's. https://www.taxtmi.com/highlights?id=12537 Tribunal was wrong in holding that if one profit level indicator of a comparable, out of a set of comparables, is lower than the profit level indicator taxpayer, then the transaction reported by the taxpayer is at an arm’s length price.- HC en-us Thu, 02 May 2013 10:53:56 +0530 Thu, 02 May 2013 10:53:56 +0530 TaxTMI RSS Generator Tribunal Error: Misunderstanding Arm's Length Price When Comparable Entity's Profit Level Indicator Is Lower Than Taxpayer's. https://www.taxtmi.com/highlights?id=12537 Tribunal was wrong in holding that if one profit level indicator of a comparable, out of a set of comparables, is lower than the profit level indicator taxpayer, then the transaction reported by the taxpayer is at an arm’s length price.- HC Highlights Income Tax Thu, 02 May 2013 10:53:56 +0530 https://www.taxtmi.com/highlights?id=12537