https://www.taxtmi.com/caselaws?id=325972 The tribunal allowed the appeal, deleting the additions made on account of transfer pricing adjustments for both the 'Job work' transaction and the provision of facility, freight, and insurance. The tribunal upheld the use of the Comparable Uncontrolled Price (CUP) method, determining that the prices charged were at Arm's Length Price (ALP). This decision was based on the assessee's role as a job worker and the consistent application of the CUP method, following a precedent set in a previous year's case upheld by the Hon'ble Delhi High Court. en-us Tue, 22 Mar 2016 00:00:00 +0530 Sat, 02 Apr 2016 10:44:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325972 The tribunal allowed the appeal, deleting the additions made on account of transfer pricing adjustments for both the 'Job work' transaction and the provision of facility, freight, and insurance. The tribunal upheld the use of the Comparable Uncontrolled Price (CUP) method, determining that the prices charged were at Arm's Length Price (ALP). This decision was based on the assessee's role as a job worker and the consistent application of the CUP method, following a precedent set in a previous year's case upheld by the Hon'ble Delhi High Court. Case-Laws Income Tax Tue, 22 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325972