https://www.taxtmi.com/caselaws?id=330820 The Tribunal partly allowed the appeal, upholding the adoption of TNMM over RPM for transfer pricing purposes. The issue of adjustments for significant marketing and sales promotion expenses was remitted for re-examination. The benefit of a lower range of +/-5% in determining the arm's length price was directed to be considered, while the levy of interest under Sections 234B and 234D was deemed consequential and left pending final determination of other issues. en-us Thu, 30 Jun 2016 00:00:00 +0530 Sat, 06 Aug 2016 13:50:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330820 The Tribunal partly allowed the appeal, upholding the adoption of TNMM over RPM for transfer pricing purposes. The issue of adjustments for significant marketing and sales promotion expenses was remitted for re-examination. The benefit of a lower range of +/-5% in determining the arm's length price was directed to be considered, while the levy of interest under Sections 234B and 234D was deemed consequential and left pending final determination of other issues. Case-Laws Income Tax Thu, 30 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330820