https://www.taxtmi.com/caselaws?id=259770 The Tribunal partially allowed the appeal, supporting the assessee's use of the internal TNM Method for benchmarking international transactions, leading to the negation of a transfer pricing adjustment. The issues regarding the selection of comparables and data use became moot. The matter of disallowance of lease rental expenditure was remanded for reconsideration, and the penalty proceedings initiation was not extensively addressed. en-us Fri, 27 Feb 2015 00:00:00 +0530 Wed, 20 May 2015 22:51:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259770 The Tribunal partially allowed the appeal, supporting the assessee's use of the internal TNM Method for benchmarking international transactions, leading to the negation of a transfer pricing adjustment. The issues regarding the selection of comparables and data use became moot. The matter of disallowance of lease rental expenditure was remanded for reconsideration, and the penalty proceedings initiation was not extensively addressed. Case-Laws Income Tax Fri, 27 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259770