https://www.taxtmi.com/caselaws?id=260058 The Tribunal found in favor of the appellant, directing the Transfer Pricing Officer to reconsider the Profit Split Method (PSM) as the most appropriate method for benchmarking international transactions. The Tribunal emphasized the importance of consistency with judicial precedent set in a prior case involving the appellant's predecessor entity. The appellant's appeal was allowed for statistical purposes, and the matter was remitted back to the TPO for a fresh decision in line with the Co-ordinate Bench's directions, ensuring the appellant's right to a fair hearing. en-us Fri, 08 May 2015 00:00:00 +0530 Sat, 30 May 2015 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260058 The Tribunal found in favor of the appellant, directing the Transfer Pricing Officer to reconsider the Profit Split Method (PSM) as the most appropriate method for benchmarking international transactions. The Tribunal emphasized the importance of consistency with judicial precedent set in a prior case involving the appellant's predecessor entity. The appellant's appeal was allowed for statistical purposes, and the matter was remitted back to the TPO for a fresh decision in line with the Co-ordinate Bench's directions, ensuring the appellant's right to a fair hearing. Case-Laws Income Tax Fri, 08 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260058