https://www.taxtmi.com/caselaws?id=178876 The tribunal allowed the appeals for statistical purposes, directing the Assessing Officer (AO) to re-calculate the Arm's Length Price (ALP) using the Transactional Net Margin Method (TNMM). The tribunal found issues with both the Transfer Pricing Officer's (TPO) and Commissioner of Income Tax (Appeals) calculations and instructed a straightforward method for determining the adjustment. The assessee is to be given a fair opportunity for a hearing during the recalibration process. en-us Tue, 23 Feb 2010 00:00:00 +0530 Mon, 18 Sep 2023 22:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178876 The tribunal allowed the appeals for statistical purposes, directing the Assessing Officer (AO) to re-calculate the Arm's Length Price (ALP) using the Transactional Net Margin Method (TNMM). The tribunal found issues with both the Transfer Pricing Officer's (TPO) and Commissioner of Income Tax (Appeals) calculations and instructed a straightforward method for determining the adjustment. The assessee is to be given a fair opportunity for a hearing during the recalibration process. Case-Laws Income Tax Tue, 23 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178876