https://www.taxtmi.com/caselaws?id=354016 The High Court dismissed both appeals, affirming the Tribunal's decision in favor of the assessee. The Court emphasized the correct application of Transfer Pricing methods, particularly the TNMM method for exporters, and the importance of considering factors like closing stock variations for accurate assessments under the Income Tax Act. The judgment highlighted the necessity of utilizing appropriate methods and assessing all relevant details to determine operating costs and PLI adjustments correctly. en-us Thu, 11 Jan 2018 00:00:00 +0530 Tue, 16 Jan 2018 09:26:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354016 The High Court dismissed both appeals, affirming the Tribunal's decision in favor of the assessee. The Court emphasized the correct application of Transfer Pricing methods, particularly the TNMM method for exporters, and the importance of considering factors like closing stock variations for accurate assessments under the Income Tax Act. The judgment highlighted the necessity of utilizing appropriate methods and assessing all relevant details to determine operating costs and PLI adjustments correctly. Case-Laws Income Tax Thu, 11 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354016