https://www.taxtmi.com/highlights?id=54954 TP Adjustment - Determination of arm’s-length price - Law does not permit the TPO or DRP to determine the arm’s length price on estimation or adhoc basis. - Accordingly assessee’s grievance of ad hoc determination of arm’s-length price for royalty paid by the TPO and the DRP succeeds. - AT en-us Tue, 29 Sep 2020 07:25:05 +0530 Tue, 29 Sep 2020 07:25:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54954 TP Adjustment - Determination of arm’s-length price - Law does not permit the TPO or DRP to determine the arm’s length price on estimation or adhoc basis. - Accordingly assessee’s grievance of ad hoc determination of arm’s-length price for royalty paid by the TPO and the DRP succeeds. - AT Highlights Income Tax Tue, 29 Sep 2020 07:25:05 +0530 https://www.taxtmi.com/highlights?id=54954