https://www.taxtmi.com/caselaws?id=276814 The Tribunal upheld the Dispute Resolution Panel's decision, ruling in favor of the assessee in a Transfer Pricing adjustment dispute. The Tribunal found the Transactional Net Margin Method (TNMM) chosen by the assessee to be appropriate over the Comparable Uncontrolled Price (CUP) method advocated by the Revenue. Emphasizing consistency with past Tribunal decisions, the Tribunal dismissed the Revenue's appeal and directed the Assessing Officer not to make adjustments to the transactions, based on established principles in prior cases. en-us Fri, 12 May 2017 00:00:00 +0530 Sun, 18 Nov 2018 07:21:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276814 The Tribunal upheld the Dispute Resolution Panel's decision, ruling in favor of the assessee in a Transfer Pricing adjustment dispute. The Tribunal found the Transactional Net Margin Method (TNMM) chosen by the assessee to be appropriate over the Comparable Uncontrolled Price (CUP) method advocated by the Revenue. Emphasizing consistency with past Tribunal decisions, the Tribunal dismissed the Revenue's appeal and directed the Assessing Officer not to make adjustments to the transactions, based on established principles in prior cases. Case-Laws Income Tax Fri, 12 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276814