https://www.taxtmi.com/caselaws?id=333403 The Tribunal partly allowed the appeals, emphasizing the importance of reasoned orders in transfer pricing cases. It upheld the assessee's position on benchmarking royalty transactions using the TNMM method, within the 5% tolerance range of ALP. Regarding the provision for warranty, it remitted the issue back to the AO for fresh adjudication based on reliable estimates. In the case of the addition for the purchase of fixed assets, the Tribunal sided with the assessee, stating that only depreciation should be considered for addition, not the difference in transaction value. en-us Wed, 05 Oct 2016 00:00:00 +0530 Wed, 12 Oct 2016 18:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333403 The Tribunal partly allowed the appeals, emphasizing the importance of reasoned orders in transfer pricing cases. It upheld the assessee's position on benchmarking royalty transactions using the TNMM method, within the 5% tolerance range of ALP. Regarding the provision for warranty, it remitted the issue back to the AO for fresh adjudication based on reliable estimates. In the case of the addition for the purchase of fixed assets, the Tribunal sided with the assessee, stating that only depreciation should be considered for addition, not the difference in transaction value. Case-Laws Income Tax Wed, 05 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333403