https://www.taxtmi.com/caselaws?id=289542 The Tribunal partly allowed both appeals of the assessee, focusing on Transfer Pricing issues for the assessment years 2006-07 and 2007-08. It determined that the Comparable Uncontrolled Price method was more appropriate than the Profit Split Method, directing a 3.63% commission rate for benchmarking transactions. The Tribunal also addressed TDS credits, ruling that reimbursements for deputed personnel salaries did not require TDS deduction. However, expenses without bills were upheld. Overall, the Tribunal provided detailed analyses and directions, ensuring a fair resolution for the assessee. en-us Thu, 31 Dec 2015 00:00:00 +0530 Thu, 06 Aug 2020 06:53:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289542 The Tribunal partly allowed both appeals of the assessee, focusing on Transfer Pricing issues for the assessment years 2006-07 and 2007-08. It determined that the Comparable Uncontrolled Price method was more appropriate than the Profit Split Method, directing a 3.63% commission rate for benchmarking transactions. The Tribunal also addressed TDS credits, ruling that reimbursements for deputed personnel salaries did not require TDS deduction. However, expenses without bills were upheld. Overall, the Tribunal provided detailed analyses and directions, ensuring a fair resolution for the assessee. Case-Laws Income Tax Thu, 31 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289542