https://www.taxtmi.com/caselaws?id=271063 The Tribunal ruled in favor of the appellant, directing that indirect expenses common to both distribution and agency functions should be allocated based on gross margin rather than sales. The appeal was allowed for statistical purposes, and the Tribunal instructed the Transfer Pricing Officer to reallocate expenses accordingly. Other issues raised were deemed moot in light of this decision. en-us Fri, 06 Nov 2015 00:00:00 +0530 Mon, 25 Jan 2016 21:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271063 The Tribunal ruled in favor of the appellant, directing that indirect expenses common to both distribution and agency functions should be allocated based on gross margin rather than sales. The appeal was allowed for statistical purposes, and the Tribunal instructed the Transfer Pricing Officer to reallocate expenses accordingly. Other issues raised were deemed moot in light of this decision. Case-Laws Income Tax Fri, 06 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271063