https://www.taxtmi.com/caselaws?id=350104 The Tribunal ruled in favor of the taxpayer in the case involving transfer pricing adjustments related to reimbursement of software costs to its Associated Enterprise (AE). The Tribunal emphasized that certain transactions for business expediency need not always result in direct financial benefits, ultimately upholding the deletion of the royalty payment adjustment but affirming the software cost adjustment. Additionally, the Tribunal upheld the deletion of the adjustment on expatriate cost, highlighting the benefit of technical know-how to the taxpayer and the need for consistency in decision-making by the Revenue. en-us Fri, 27 Oct 2017 00:00:00 +0530 Tue, 31 Oct 2017 14:51:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350104 The Tribunal ruled in favor of the taxpayer in the case involving transfer pricing adjustments related to reimbursement of software costs to its Associated Enterprise (AE). The Tribunal emphasized that certain transactions for business expediency need not always result in direct financial benefits, ultimately upholding the deletion of the royalty payment adjustment but affirming the software cost adjustment. Additionally, the Tribunal upheld the deletion of the adjustment on expatriate cost, highlighting the benefit of technical know-how to the taxpayer and the need for consistency in decision-making by the Revenue. Case-Laws Income Tax Fri, 27 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350104