https://www.taxtmi.com/caselaws?id=340675 The Tribunal remitted the issues of raw material costs and tolling fee for Zinc back to the Assessing Officer for reconsideration, directing appropriate adjustments based on Lubrizol's details. However, the Tribunal rejected the Assessee's argument on transportation costs due to lack of evidence. The appeals were partly allowed for statistical purposes, emphasizing the importance of accurate comparability analysis in Transfer Pricing for determining the Arm's Length Price in international transactions. en-us Fri, 17 Feb 2017 00:00:00 +0530 Fri, 24 Mar 2017 13:31:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340675 The Tribunal remitted the issues of raw material costs and tolling fee for Zinc back to the Assessing Officer for reconsideration, directing appropriate adjustments based on Lubrizol's details. However, the Tribunal rejected the Assessee's argument on transportation costs due to lack of evidence. The appeals were partly allowed for statistical purposes, emphasizing the importance of accurate comparability analysis in Transfer Pricing for determining the Arm's Length Price in international transactions. Case-Laws Income Tax Fri, 17 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340675