https://www.taxtmi.com/caselaws?id=245438 The Tribunal addressed transfer pricing adjustment issues related to the Arm's Length Price (ALP) for 'Sourcing Support Services,' determining the correct base for the Profit Level Indicator. It clarified that the 'total cost' incurred by the assessee should be considered, not the FOB value of goods between third party enterprises. Additionally, the Tribunal ruled in favor of the assessee regarding the depreciation rate on computer peripherals, disallowing the reduction from 60% to 15%. The impugned order was set aside, and a fresh determination of ALP with the correct cost base was directed, aligning with legal precedents and principles. en-us Wed, 05 Mar 2014 00:00:00 +0530 Mon, 23 Mar 2015 13:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245438 The Tribunal addressed transfer pricing adjustment issues related to the Arm's Length Price (ALP) for 'Sourcing Support Services,' determining the correct base for the Profit Level Indicator. It clarified that the 'total cost' incurred by the assessee should be considered, not the FOB value of goods between third party enterprises. Additionally, the Tribunal ruled in favor of the assessee regarding the depreciation rate on computer peripherals, disallowing the reduction from 60% to 15%. The impugned order was set aside, and a fresh determination of ALP with the correct cost base was directed, aligning with legal precedents and principles. Case-Laws Income Tax Wed, 05 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245438