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    <title>AE&#039;s TNMM Study Shows 4.52% Margin; Within Arm&#039;s Length Range, No Transfer Pricing Adjustment Needed Under Safe Harbor Clause.</title>
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    <description>TPA - As per TNMM study filed by the appellant, the margin on total cost earned by AE is 4.52% which is less when compared with 5.18% in case of other eleven comparable companies. This is within arm&#039;s length. Therefore, otherwise also no transfer pricing adjustment is called for by the safe harbor clause. - AT</description>
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      <description>TPA - As per TNMM study filed by the appellant, the margin on total cost earned by AE is 4.52% which is less when compared with 5.18% in case of other eleven comparable companies. This is within arm&#039;s length. Therefore, otherwise also no transfer pricing adjustment is called for by the safe harbor clause. - AT</description>
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