https://www.taxtmi.com/caselaws?id=362405 The Tribunal determined that the Resale Price Method (RPM) was the most appropriate benchmarking method for the international transactions of the assessee, a routine distributor without significant value addition. The Tribunal directed the Transfer Pricing Officer (TPO) to adopt RPM, rejecting the Transactional Net Margin Method (TNMM) applied by the TPO. The Tribunal emphasized that the substantial advertisement and marketing expenses incurred by the assessee did not impact the determination of the Arm's Length Price (ALP) under RPM. As a result, the appeals were allowed in favor of the assessee. en-us Fri, 22 Jun 2018 00:00:00 +0530 Sat, 09 Sep 2023 11:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362405 The Tribunal determined that the Resale Price Method (RPM) was the most appropriate benchmarking method for the international transactions of the assessee, a routine distributor without significant value addition. The Tribunal directed the Transfer Pricing Officer (TPO) to adopt RPM, rejecting the Transactional Net Margin Method (TNMM) applied by the TPO. The Tribunal emphasized that the substantial advertisement and marketing expenses incurred by the assessee did not impact the determination of the Arm's Length Price (ALP) under RPM. As a result, the appeals were allowed in favor of the assessee. Case-Laws Income Tax Fri, 22 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362405