https://www.taxtmi.com/caselaws?id=286460 Transfer pricing for intra-group services depends on whether services were actually received, what commercial benefit accrued, and whether cost allocation and comparability are supported by reliable evidence. Detailed allocation sheets, email support, service descriptions, and time-spent records were accepted as showing genuine management support services, so the adjustment on management support fees was deleted. For interest received from an associated enterprise, internal CUP and the assessee's fixed deposit rate supported arm's length treatment, and use of the RBI prime lending rate was found inappropriate. No adjustment was warranted on the interest receipt, and the disputed transfer pricing additions were deleted. en-us Mon, 21 May 2018 00:00:00 +0530 Thu, 27 Feb 2020 08:29:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286460 Transfer pricing for intra-group services depends on whether services were actually received, what commercial benefit accrued, and whether cost allocation and comparability are supported by reliable evidence. Detailed allocation sheets, email support, service descriptions, and time-spent records were accepted as showing genuine management support services, so the adjustment on management support fees was deleted. For interest received from an associated enterprise, internal CUP and the assessee's fixed deposit rate supported arm's length treatment, and use of the RBI prime lending rate was found inappropriate. No adjustment was warranted on the interest receipt, and the disputed transfer pricing additions were deleted. Case-Laws Income Tax Mon, 21 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286460