https://www.taxtmi.com/caselaws?id=244606 The Tribunal held that the CUP method was the most appropriate for determining the Arm's Length Price (ALP) in this case. It found errors in the rejection of data from Tips Software Services Pvt Ltd and directed the Assessing Officer to reassess the ALP using the CUP method with quarterly averages. Consequently, issues related to the TNMM method and selected comparables were not addressed as the appeal was allowed for statistical purposes. en-us Fri, 21 Feb 2014 00:00:00 +0530 Mon, 03 Mar 2014 09:18:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244606 The Tribunal held that the CUP method was the most appropriate for determining the Arm's Length Price (ALP) in this case. It found errors in the rejection of data from Tips Software Services Pvt Ltd and directed the Assessing Officer to reassess the ALP using the CUP method with quarterly averages. Consequently, issues related to the TNMM method and selected comparables were not addressed as the appeal was allowed for statistical purposes. Case-Laws Income Tax Fri, 21 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244606