https://www.taxtmi.com/caselaws?id=192001 The Tribunal partly allowed the appeal of the assessee, directing the AO/TPO to exclude reimbursement costs from operating costs and to verify the calculation of notional interest on outstanding receivables. The Tribunal emphasized the need for ALP determination in cases involving international transactions and granted the assessee an opportunity to be heard on the interest calculation issue. Other legal issues raised were not pursued, considering the potential academic nature if the final ALP aligns with the assessee's PLI range. en-us Tue, 04 Oct 2016 00:00:00 +0530 Tue, 09 May 2017 08:24:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192001 The Tribunal partly allowed the appeal of the assessee, directing the AO/TPO to exclude reimbursement costs from operating costs and to verify the calculation of notional interest on outstanding receivables. The Tribunal emphasized the need for ALP determination in cases involving international transactions and granted the assessee an opportunity to be heard on the interest calculation issue. Other legal issues raised were not pursued, considering the potential academic nature if the final ALP aligns with the assessee's PLI range. Case-Laws Income Tax Tue, 04 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192001