https://www.taxtmi.com/caselaws?id=263657 The ITAT dismissed the Revenue's appeals and upheld the CIT(A)'s decisions. It confirmed the TNMM method for determining ALP, rejected the addition for raw material consumption, deemed the interest expenditure disallowance incorrect, and ruled that transactions with the sister concern did not constitute loans or advances subject to deemed dividend provisions. en-us Fri, 05 Jun 2015 00:00:00 +0530 Tue, 08 Sep 2015 10:27:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263657 The ITAT dismissed the Revenue's appeals and upheld the CIT(A)'s decisions. It confirmed the TNMM method for determining ALP, rejected the addition for raw material consumption, deemed the interest expenditure disallowance incorrect, and ruled that transactions with the sister concern did not constitute loans or advances subject to deemed dividend provisions. Case-Laws Income Tax Fri, 05 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263657