https://www.taxtmi.com/caselaws?id=390515 The appeal filed by the taxpayer was partly allowed. The Tribunal directed the TPO/AO to apply Resale Price Method (RPM) as the Most Appropriate Method (MAM) for benchmarking international transactions and to restrict transfer pricing adjustment to the amount of international transactions only. Other grounds not pressed during arguments were dismissed. The judgment highlighted the significance of selecting the suitable method for determining the Arm's Length Price based on the taxpayer's functional profile and transaction nature. en-us Tue, 31 Dec 2019 00:00:00 +0530 Sun, 05 Jan 2020 12:23:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390515 The appeal filed by the taxpayer was partly allowed. The Tribunal directed the TPO/AO to apply Resale Price Method (RPM) as the Most Appropriate Method (MAM) for benchmarking international transactions and to restrict transfer pricing adjustment to the amount of international transactions only. Other grounds not pressed during arguments were dismissed. The judgment highlighted the significance of selecting the suitable method for determining the Arm's Length Price based on the taxpayer's functional profile and transaction nature. Case-Laws Income Tax Tue, 31 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390515