https://www.taxtmi.com/caselaws?id=251240 The Tribunal partly allowed the appeal, upholding the use of the Comparable Uncontrolled Price (CUP) method for benchmarking export of finished goods but allowing adjustments for sales & marketing functions and credit risk. The adjustment for drop shipment commission was deleted, and the matter of import of raw materials was remanded back to the Transfer Pricing Officer for re-computation. The Tribunal did not specifically address the benefit of the +/- 5% range or the initiation of penalty proceedings. en-us Tue, 18 Mar 2014 00:00:00 +0530 Mon, 08 Sep 2014 10:49:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251240 The Tribunal partly allowed the appeal, upholding the use of the Comparable Uncontrolled Price (CUP) method for benchmarking export of finished goods but allowing adjustments for sales & marketing functions and credit risk. The adjustment for drop shipment commission was deleted, and the matter of import of raw materials was remanded back to the Transfer Pricing Officer for re-computation. The Tribunal did not specifically address the benefit of the +/- 5% range or the initiation of penalty proceedings. Case-Laws Income Tax Tue, 18 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251240