https://www.taxtmi.com/caselaws?id=282485 The Tribunal upheld the aggregation approach for benchmarking international transactions using the TNMM, dismissing Revenue's appeal. It allowed the assessee's appeals, deleting disallowances for warranty provisions and bad debts, and directed recomputation for disallowance under Section 40(a)(i). The Tribunal affirmed TNMM over CUP method for benchmarking, citing lack of basis for ad hoc adjustments and rejecting selective application of CUP. en-us Fri, 23 Mar 2018 00:00:00 +0530 Fri, 09 Aug 2019 13:56:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282485 The Tribunal upheld the aggregation approach for benchmarking international transactions using the TNMM, dismissing Revenue's appeal. It allowed the assessee's appeals, deleting disallowances for warranty provisions and bad debts, and directed recomputation for disallowance under Section 40(a)(i). The Tribunal affirmed TNMM over CUP method for benchmarking, citing lack of basis for ad hoc adjustments and rejecting selective application of CUP. Case-Laws Income Tax Fri, 23 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282485