https://www.taxtmi.com/caselaws?id=290727 The High Court addressed issues concerning determining the arm's length price of an international transaction and the Transfer Pricing Officer's adjustment to the manufacturing activity segment. The Court upheld that adjustments should be specific to the international transaction, not the entire segment. Relying on prior decisions, the Court dismissed the appeal, emphasizing the importance of limiting adjustments to relevant transactions. This case sets a precedent for transfer pricing disputes, emphasizing the necessity of precise adjustments in such transactions. en-us Mon, 03 Jun 2019 00:00:00 +0530 Tue, 13 Oct 2020 11:43:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290727 The High Court addressed issues concerning determining the arm's length price of an international transaction and the Transfer Pricing Officer's adjustment to the manufacturing activity segment. The Court upheld that adjustments should be specific to the international transaction, not the entire segment. Relying on prior decisions, the Court dismissed the appeal, emphasizing the importance of limiting adjustments to relevant transactions. This case sets a precedent for transfer pricing disputes, emphasizing the necessity of precise adjustments in such transactions. Case-Laws Income Tax Mon, 03 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290727