https://www.taxtmi.com/caselaws?id=362439 The Tribunal partially allowed the appeal, determining that the internal TNMM method was suitable for benchmarking international transactions, rejecting adjustments proposed by the TPO. Additionally, the Tribunal overturned the adjustment for IT services, acknowledging the evidence presented by the assessee. As a result, the appeal was partly granted, offering relief to the assessee by reducing the assessed income and accepting the arm's length price for IT services. en-us Mon, 12 Mar 2018 00:00:00 +0530 Tue, 26 Jun 2018 15:59:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362439 The Tribunal partially allowed the appeal, determining that the internal TNMM method was suitable for benchmarking international transactions, rejecting adjustments proposed by the TPO. Additionally, the Tribunal overturned the adjustment for IT services, acknowledging the evidence presented by the assessee. As a result, the appeal was partly granted, offering relief to the assessee by reducing the assessed income and accepting the arm's length price for IT services. Case-Laws Income Tax Mon, 12 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362439