https://www.taxtmi.com/caselaws?id=326689 The Tribunal upheld the decision of the ld. CIT(A) to adopt the Resale Price Method (RPM) over the Transactional Net Margin Method (TNMM) for determining the Arm's Length Price (ALP) in international transactions involving industrial automation products. The Tribunal dismissed the Revenue's appeal, affirming the use of RPM as the appropriate method based on precedent and the TPO's acceptance in a similar case for a subsequent year. en-us Mon, 14 Mar 2016 00:00:00 +0530 Thu, 21 Apr 2016 19:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326689 The Tribunal upheld the decision of the ld. CIT(A) to adopt the Resale Price Method (RPM) over the Transactional Net Margin Method (TNMM) for determining the Arm's Length Price (ALP) in international transactions involving industrial automation products. The Tribunal dismissed the Revenue's appeal, affirming the use of RPM as the appropriate method based on precedent and the TPO's acceptance in a similar case for a subsequent year. Case-Laws Income Tax Mon, 14 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326689