https://www.taxtmi.com/caselaws?id=273861 The Court upheld the Tribunal's decision on the non-applicability of the Comparable Uncontrolled Price (CUP) method and deletion of an addition related to adjusting the Arm's Length Price of an international transaction. The Court found the issues were previously addressed in a similar case involving the same assessee, where details on comparables and related party transactions were extensively discussed. After reviewing arguments from both parties, the Court deemed the Tribunal's decision reasonable and not perverse, ultimately ruling in favor of the assessee and dismissing the case without any substantial question of law. en-us Tue, 08 Aug 2017 00:00:00 +0530 Wed, 18 Jul 2018 06:08:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273861 The Court upheld the Tribunal's decision on the non-applicability of the Comparable Uncontrolled Price (CUP) method and deletion of an addition related to adjusting the Arm's Length Price of an international transaction. The Court found the issues were previously addressed in a similar case involving the same assessee, where details on comparables and related party transactions were extensively discussed. After reviewing arguments from both parties, the Court deemed the Tribunal's decision reasonable and not perverse, ultimately ruling in favor of the assessee and dismissing the case without any substantial question of law. Case-Laws Income Tax Tue, 08 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273861