https://www.taxtmi.com/caselaws?id=339603 The High Court dismissed the appeal, upholding the Tribunal's decision regarding transfer pricing adjustments to royalty payments. The Court found that the Transfer Pricing Officer's reduction of the royalty rate lacked a valid basis and was considered arbitrary and lacking legal support. The High Court concluded that there was no substantial question of law for consideration, affirming the Tribunal's ruling. en-us Fri, 23 Dec 2016 00:00:00 +0530 Fri, 03 Mar 2017 06:49:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339603 The High Court dismissed the appeal, upholding the Tribunal's decision regarding transfer pricing adjustments to royalty payments. The Court found that the Transfer Pricing Officer's reduction of the royalty rate lacked a valid basis and was considered arbitrary and lacking legal support. The High Court concluded that there was no substantial question of law for consideration, affirming the Tribunal's ruling. Case-Laws Income Tax Fri, 23 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339603