https://www.taxtmi.com/caselaws?id=351779 The High Court directed a fresh determination of arm's length price (ALP) for transfer pricing additions concerning the purchase and sale of goods from an Associated Enterprise (AE) and royalty payments to Honda Motor Co. Ltd., Japan. The Tribunal set aside the orders for both issues, emphasizing a reconsideration without influence from prior observations and adherence to legal principles. The matter was remanded for a fresh decision within the parameters set by the High Court, granting the assessee an opportunity to present their case. en-us Tue, 28 Nov 2017 00:00:00 +0530 Fri, 01 Dec 2017 08:30:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351779 The High Court directed a fresh determination of arm's length price (ALP) for transfer pricing additions concerning the purchase and sale of goods from an Associated Enterprise (AE) and royalty payments to Honda Motor Co. Ltd., Japan. The Tribunal set aside the orders for both issues, emphasizing a reconsideration without influence from prior observations and adherence to legal principles. The matter was remanded for a fresh decision within the parameters set by the High Court, granting the assessee an opportunity to present their case. Case-Laws Income Tax Tue, 28 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351779