https://www.taxtmi.com/caselaws?id=401250 The Tribunal allowed the appeal filed by the assessee in a transfer pricing dispute, setting aside the lower authorities' orders. It concluded that the Comparable Uncontrolled Price (CUP) method was appropriate for both purchases and sales transactions, as the assessee demonstrated compliance with the arm's length principle. The Tribunal directed the Assessing Officer to adopt the CUP method, leading to the deletion of adjustments made by the Transfer Pricing Officer. Other grounds raised by the assessee were not addressed as the appeal was allowed based on the CUP method's validity. en-us Mon, 23 Nov 2020 00:00:00 +0530 Mon, 13 Apr 2026 14:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401250 The Tribunal allowed the appeal filed by the assessee in a transfer pricing dispute, setting aside the lower authorities' orders. It concluded that the Comparable Uncontrolled Price (CUP) method was appropriate for both purchases and sales transactions, as the assessee demonstrated compliance with the arm's length principle. The Tribunal directed the Assessing Officer to adopt the CUP method, leading to the deletion of adjustments made by the Transfer Pricing Officer. Other grounds raised by the assessee were not addressed as the appeal was allowed based on the CUP method's validity. Case-Laws Income Tax Mon, 23 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401250