https://www.taxtmi.com/highlights?id=25975 Transfer pricing adjustment - Ex consequenti, the “total cost” being the denominator in the PLI of OP/TC, has to be taken as the cost incurred by the assessee and not the FOB value of goods between third party enterprises sourced through the assessee. In other words, the tested party should be the assessee and not its AE - AT en-us Wed, 18 Nov 2015 15:55:35 +0530 Wed, 18 Nov 2015 15:55:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=25975 Transfer pricing adjustment - Ex consequenti, the “total cost” being the denominator in the PLI of OP/TC, has to be taken as the cost incurred by the assessee and not the FOB value of goods between third party enterprises sourced through the assessee. In other words, the tested party should be the assessee and not its AE - AT Highlights Income Tax Wed, 18 Nov 2015 15:55:35 +0530 https://www.taxtmi.com/highlights?id=25975