https://www.taxtmi.com/caselaws?id=338991 The tribunal partly allowed the assessee's appeal and dismissed the Revenue's appeal. Fresh determinations and adjustments were directed based on detailed observations and legal precedents. The tribunal upheld the rejection of the Comparable Uncontrolled Price method in favor of the Transactional Net Margin Method for transfer pricing additions. It also directed the correct application of the Resale Price Method when appropriate. Non-transfer pricing additions related to provisions for doubtful debts, advances, Mediclaim insurance policy, depreciation on foreign exchange loss, and advertisement expenses were also addressed with specific directives for each issue. en-us Fri, 10 Feb 2017 00:00:00 +0530 Thu, 16 Feb 2017 08:48:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338991 The tribunal partly allowed the assessee's appeal and dismissed the Revenue's appeal. Fresh determinations and adjustments were directed based on detailed observations and legal precedents. The tribunal upheld the rejection of the Comparable Uncontrolled Price method in favor of the Transactional Net Margin Method for transfer pricing additions. It also directed the correct application of the Resale Price Method when appropriate. Non-transfer pricing additions related to provisions for doubtful debts, advances, Mediclaim insurance policy, depreciation on foreign exchange loss, and advertisement expenses were also addressed with specific directives for each issue. Case-Laws Income Tax Fri, 10 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338991