https://www.taxtmi.com/caselaws?id=384254 The Tribunal allowed the appeals of the assessee, directing the AO to benchmark transactions on an aggregate basis using the TNMM method, allow the benefit of +/- 5% variation, and treat royalty and homologation expenses as revenue expenditure. The Tribunal dismissed the appeals of the Revenue and the Cross Objection of the assessee. en-us Wed, 31 Jul 2019 00:00:00 +0530 Thu, 04 Aug 2022 18:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384254 The Tribunal allowed the appeals of the assessee, directing the AO to benchmark transactions on an aggregate basis using the TNMM method, allow the benefit of +/- 5% variation, and treat royalty and homologation expenses as revenue expenditure. The Tribunal dismissed the appeals of the Revenue and the Cross Objection of the assessee. Case-Laws Income Tax Wed, 31 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384254