Transfer Pricing Ruling: Authorities Cannot Challenge Taxpayer's Decision on Management Services; Benefit Test Documentation Not Required.

Transfer Pricing Ruling: Authorities Cannot Challenge Taxpayer's Decision on Management Services; Benefit Test Documentation Not Required. https://www.taxtmi.com/highlights?id=46242 TP adjustment - ALP of management service fees at Nil - receipt of service from other group companies not doubted - The authorities below cannot sit in judgment over the decision of assessee in availing the services and there is no question of providing documentation to specify the benefit test - Only thing which needs to be considered is whether the services have been provided - no disallowance en-us Fri, 03 May 2019 08:59:18 +0530 Fri, 03 May 2019 08:59:18 +0530 TaxTMI RSS Generator Transfer Pricing Ruling: Authorities Cannot Challenge Taxpayer's Decision on Management Services; Benefit Test Documentation Not Required. https://www.taxtmi.com/highlights?id=46242 TP adjustment - ALP of management service fees at Nil - receipt of service from other group companies not doubted - The authorities below cannot sit in judgment over the decision of assessee in availing the services and there is no question of providing documentation to specify the benefit test - Only thing which needs to be considered is whether the services have been provided - no disallowance Highlights Income Tax Fri, 03 May 2019 08:59:18 +0530 https://www.taxtmi.com/highlights?id=46242