https://www.taxtmi.com/highlights?id=55647 TP Adjustment - goods sold to Associated Enterprises (AEs) - NP Determination - The TPO has not given any reason as to why he did not consider above said two expenses while working out net profit margin of “Domestic-Personal care division”. - it has to be held that the international transactions of making exports to AEs are at arms length and hence no T.P adjustment is called for. - AT en-us Thu, 26 Nov 2020 11:09:36 +0530 Thu, 26 Nov 2020 11:09:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55647 TP Adjustment - goods sold to Associated Enterprises (AEs) - NP Determination - The TPO has not given any reason as to why he did not consider above said two expenses while working out net profit margin of “Domestic-Personal care division”. - it has to be held that the international transactions of making exports to AEs are at arms length and hence no T.P adjustment is called for. - AT Highlights Income Tax Thu, 26 Nov 2020 11:09:36 +0530 https://www.taxtmi.com/highlights?id=55647