https://www.taxtmi.com/caselaws?id=279527 The Tribunal allowed the assessee's appeal for statistical purposes in a transfer pricing case concerning the disallowance of a management fee paid to the parent company. The Tribunal emphasized the importance of establishing the nature of payment and services received in determining the Arm's Length Price, highlighting the burden of proof on the assessee to substantiate its claim. Due to the lack of evidence for services rendered, the matter was remitted back to the Transfer Pricing Officer for fresh consideration, stressing the necessity of satisfactory evidence to support expenses paid to the parent company. en-us Wed, 12 Aug 2015 00:00:00 +0530 Sat, 23 Mar 2019 10:18:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279527 The Tribunal allowed the assessee's appeal for statistical purposes in a transfer pricing case concerning the disallowance of a management fee paid to the parent company. The Tribunal emphasized the importance of establishing the nature of payment and services received in determining the Arm's Length Price, highlighting the burden of proof on the assessee to substantiate its claim. Due to the lack of evidence for services rendered, the matter was remitted back to the Transfer Pricing Officer for fresh consideration, stressing the necessity of satisfactory evidence to support expenses paid to the parent company. Case-Laws Income Tax Wed, 12 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279527