https://www.taxtmi.com/caselaws?id=396349 The tribunal allowed the appeal, setting aside the assessment order and directing the computation of the Arm's Length Price using the Resale Price Method for transfer pricing adjustment. The tribunal emphasized the consistency of using RPM in previous years and judicial precedents supporting RPM for distributors without value addition, overturning the TNMM method chosen by the tax authorities. Issues regarding interest levy and penalty proceedings were not extensively analyzed, with the primary focus on transfer pricing adjustment. en-us Mon, 29 Jun 2020 00:00:00 +0530 Wed, 01 Jul 2020 16:04:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396349 The tribunal allowed the appeal, setting aside the assessment order and directing the computation of the Arm's Length Price using the Resale Price Method for transfer pricing adjustment. The tribunal emphasized the consistency of using RPM in previous years and judicial precedents supporting RPM for distributors without value addition, overturning the TNMM method chosen by the tax authorities. Issues regarding interest levy and penalty proceedings were not extensively analyzed, with the primary focus on transfer pricing adjustment. Case-Laws Income Tax Mon, 29 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396349