https://www.taxtmi.com/caselaws?id=351495 The Tribunal partially allowed the assessee's appeal and dismissed the Revenue's appeal regarding adjustments in the Arm's Length Price of international transactions related to project management and technical services for the assessment year 2009-10. The Tribunal directed the acceptance of the Comparable Uncontrolled Price method for project management services and the Cost Plus Method for technical services, rejecting the Transactional Net Margin Method adopted by the authorities. The Tribunal also ordered a re-examination of the determination of ALP at NIL for inbound international transactions and excluded certain expenses from operating expenses calculations. en-us Thu, 23 Nov 2017 00:00:00 +0530 Sat, 25 Nov 2017 09:25:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351495 The Tribunal partially allowed the assessee's appeal and dismissed the Revenue's appeal regarding adjustments in the Arm's Length Price of international transactions related to project management and technical services for the assessment year 2009-10. The Tribunal directed the acceptance of the Comparable Uncontrolled Price method for project management services and the Cost Plus Method for technical services, rejecting the Transactional Net Margin Method adopted by the authorities. The Tribunal also ordered a re-examination of the determination of ALP at NIL for inbound international transactions and excluded certain expenses from operating expenses calculations. Case-Laws Income Tax Thu, 23 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351495