https://www.taxtmi.com/caselaws?id=357511 The High Court upheld the decision of the Tribunal and CIT(A), ruling that the manufacturing and trading segments were not comparable for determining the Arms Length Price (ALP) of trading goods exported to Associated Enterprises (AE). The Court found significant differences in sales composition and customer classes between domestic sales of finished goods and export sales of parts, supported by the Functions, Assets & Risks (FAR) analysis. As a result, the appeal by the Revenue was dismissed, and no costs were awarded. en-us Wed, 21 Mar 2018 00:00:00 +0530 Sat, 24 Mar 2018 08:39:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357511 The High Court upheld the decision of the Tribunal and CIT(A), ruling that the manufacturing and trading segments were not comparable for determining the Arms Length Price (ALP) of trading goods exported to Associated Enterprises (AE). The Court found significant differences in sales composition and customer classes between domestic sales of finished goods and export sales of parts, supported by the Functions, Assets & Risks (FAR) analysis. As a result, the appeal by the Revenue was dismissed, and no costs were awarded. Case-Laws Income Tax Wed, 21 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357511