https://www.taxtmi.com/caselaws?id=401496 The Tribunal set aside the assessment order and directed the AO to refer the matter back to the TPO with instructions to adopt the Comparable Uncontrolled Price (CUP) method if the nature of transactions remained unchanged. The Tribunal allowed the Transfer Pricing Officer (TPO) discretion to adopt the Most Appropriate Method (MAM) if there were changes affecting the Arm's Length Price (ALP) determination. Issues regarding depreciation on goodwill, acceptance/rejection of comparables, treatment of outstanding receivables, and levy of interest were all set aside for the AO's reconsideration. The assessee's appeal was allowed for statistical purposes. en-us Tue, 24 Nov 2020 00:00:00 +0530 Wed, 09 Dec 2020 11:16:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401496 The Tribunal set aside the assessment order and directed the AO to refer the matter back to the TPO with instructions to adopt the Comparable Uncontrolled Price (CUP) method if the nature of transactions remained unchanged. The Tribunal allowed the Transfer Pricing Officer (TPO) discretion to adopt the Most Appropriate Method (MAM) if there were changes affecting the Arm's Length Price (ALP) determination. Issues regarding depreciation on goodwill, acceptance/rejection of comparables, treatment of outstanding receivables, and levy of interest were all set aside for the AO's reconsideration. The assessee's appeal was allowed for statistical purposes. Case-Laws Income Tax Tue, 24 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401496