https://www.taxtmi.com/caselaws?id=375190 The High Court admitted the appeal challenging the Income Tax Appellate Tribunal's order for Assessment Year 2007-08 under Section 260A of the Income Tax Act, 1961. The Court directed further proceedings regarding the use of the internal Transactional Net Margin Method (TNMM) for transfer pricing analysis and the selection of comparables for determining the Arms Length Price (ALP) of business support services provided to Associated Enterprises (AEs). The judgment emphasized the significance of factual findings and normal business conditions in determining comparables for transfer pricing analysis. en-us Mon, 04 Feb 2019 00:00:00 +0530 Fri, 15 Feb 2019 08:10:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375190 The High Court admitted the appeal challenging the Income Tax Appellate Tribunal's order for Assessment Year 2007-08 under Section 260A of the Income Tax Act, 1961. The Court directed further proceedings regarding the use of the internal Transactional Net Margin Method (TNMM) for transfer pricing analysis and the selection of comparables for determining the Arms Length Price (ALP) of business support services provided to Associated Enterprises (AEs). The judgment emphasized the significance of factual findings and normal business conditions in determining comparables for transfer pricing analysis. Case-Laws Income Tax Mon, 04 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375190