https://www.taxtmi.com/caselaws?id=285130 The Tribunal allowed both the assessee's and the department's appeals for statistical purposes. The CIT(A)'s deletion of the Transfer Pricing adjustment was upheld, with directions to re-examine the Arm's Length Price (ALP) for commission payments using additional evidence. The application of Transactional Net Margin Method (TNMM) over Comparable Uncontrolled Price (CUP) method was affirmed. The admission of additional evidence was permitted, and corporate issues were remanded for fresh examination. The Tribunal emphasized providing the assessee a reasonable opportunity to present their case. en-us Mon, 30 May 2016 00:00:00 +0530 Mon, 20 Jan 2020 14:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285130 The Tribunal allowed both the assessee's and the department's appeals for statistical purposes. The CIT(A)'s deletion of the Transfer Pricing adjustment was upheld, with directions to re-examine the Arm's Length Price (ALP) for commission payments using additional evidence. The application of Transactional Net Margin Method (TNMM) over Comparable Uncontrolled Price (CUP) method was affirmed. The admission of additional evidence was permitted, and corporate issues were remanded for fresh examination. The Tribunal emphasized providing the assessee a reasonable opportunity to present their case. Case-Laws Income Tax Mon, 30 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285130