https://www.taxtmi.com/caselaws?id=369700 The Tribunal partly allowed the appeal, upholding the Resale Price Method (RPM) as the most appropriate method for determining the arm's length price (ALP) of the transaction related to the import of products from associated enterprises. The Tribunal directed the Transfer Pricing Officer (TPO) to conduct a fresh search of comparables. Additionally, the Tribunal set aside the issue of localization support services for reconsideration by the TPO and allowed the payment of royalty as revenue expenditure, following precedent from earlier assessment years. en-us Mon, 29 Oct 2018 00:00:00 +0530 Tue, 30 Oct 2018 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369700 The Tribunal partly allowed the appeal, upholding the Resale Price Method (RPM) as the most appropriate method for determining the arm's length price (ALP) of the transaction related to the import of products from associated enterprises. The Tribunal directed the Transfer Pricing Officer (TPO) to conduct a fresh search of comparables. Additionally, the Tribunal set aside the issue of localization support services for reconsideration by the TPO and allowed the payment of royalty as revenue expenditure, following precedent from earlier assessment years. Case-Laws Income Tax Mon, 29 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369700