https://www.taxtmi.com/caselaws?id=291707 A transfer pricing dispute settled under the Mutual Agreement Procedure under Article 27 of the India-USA Tax Treaty ceased to survive once effect was given to the settlement, so the related grounds were treated as infructuous. On the inventory issue, the computation of closing stock and profit under section 145A, including unutilized CENVAT credit, had to follow the Tribunal's earlier working method in comparable years, so the matter was restored for fresh recomputation on the same basis. en-us Mon, 10 Aug 2020 00:00:00 +0530 Mon, 23 Nov 2020 11:00:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291707 A transfer pricing dispute settled under the Mutual Agreement Procedure under Article 27 of the India-USA Tax Treaty ceased to survive once effect was given to the settlement, so the related grounds were treated as infructuous. On the inventory issue, the computation of closing stock and profit under section 145A, including unutilized CENVAT credit, had to follow the Tribunal's earlier working method in comparable years, so the matter was restored for fresh recomputation on the same basis. Case-Laws Income Tax Mon, 10 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291707