https://www.taxtmi.com/highlights?id=52634 TP Adjustment - Technical know-how fees paid by Appellant to its Associated Enterprise - For the year under consideration (AY 204-15), we notice that TPO has applied Benefit Test which is not as per the rules prescribed under Rule 10B & 10AB of Income Tax Rules. In our view, the payment of Technical knowhow was never bench marked in the earlier AYs. en-us Mon, 30 Mar 2020 12:23:55 +0530 Mon, 30 Mar 2020 12:23:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52634 TP Adjustment - Technical know-how fees paid by Appellant to its Associated Enterprise - For the year under consideration (AY 204-15), we notice that TPO has applied Benefit Test which is not as per the rules prescribed under Rule 10B & 10AB of Income Tax Rules. In our view, the payment of Technical knowhow was never bench marked in the earlier AYs. Highlights Income Tax Mon, 30 Mar 2020 12:23:55 +0530 https://www.taxtmi.com/highlights?id=52634