https://www.taxtmi.com/caselaws?id=247807 The Tribunal allowed the assessee's appeals and dismissed the Revenue's appeal. It held that the Transfer Pricing Officer's disallowance of royalty payments was unjustified, emphasizing the importance of examining transactions as structured by the assessee and not questioning commercial wisdom. The Tribunal noted that the Transactional Net Margin Method applied covered royalty transactions and that payments were justified under the agreement with the Associated Enterprise. en-us Thu, 13 Feb 2014 00:00:00 +0530 Mon, 23 Mar 2015 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247807 The Tribunal allowed the assessee's appeals and dismissed the Revenue's appeal. It held that the Transfer Pricing Officer's disallowance of royalty payments was unjustified, emphasizing the importance of examining transactions as structured by the assessee and not questioning commercial wisdom. The Tribunal noted that the Transactional Net Margin Method applied covered royalty transactions and that payments were justified under the agreement with the Associated Enterprise. Case-Laws Income Tax Thu, 13 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247807