https://www.taxtmi.com/caselaws?id=331887 ITAT KOLKATA - AT held that the internal CUP method is the most appropriate for determining the arm's-length price of international transactions in the case, preferring internal CUP over external and deleting the transfer-pricing adjustment. The Tribunal also reversed the AO/DRP's disallowance relating to inadvertent addition of negative provisions for diminution in inventory, permitting the deduction despite no revised return having been filed, and deleted the corresponding disallowance. en-us Wed, 03 Aug 2016 00:00:00 +0530 Mon, 01 Sep 2025 13:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331887 ITAT KOLKATA - AT held that the internal CUP method is the most appropriate for determining the arm's-length price of international transactions in the case, preferring internal CUP over external and deleting the transfer-pricing adjustment. The Tribunal also reversed the AO/DRP's disallowance relating to inadvertent addition of negative provisions for diminution in inventory, permitting the deduction despite no revised return having been filed, and deleted the corresponding disallowance. Case-Laws Income Tax Wed, 03 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331887