https://www.taxtmi.com/caselaws?id=292510 The Court directed the ITAT to reexamine the case comprehensively regarding the applicability of the other method for benchmarking international transactions under Section 92C. The Court emphasized the importance of considering the TP report's preference for the other method in certain transactions, highlighting the lack of established judicial precedents on this method. The Court stressed the need for a thorough assessment of all aspects related to revenue and cost allocation to ensure a fair decision. en-us Fri, 15 Dec 2017 00:00:00 +0530 Sun, 27 Dec 2020 01:08:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292510 The Court directed the ITAT to reexamine the case comprehensively regarding the applicability of the other method for benchmarking international transactions under Section 92C. The Court emphasized the importance of considering the TP report's preference for the other method in certain transactions, highlighting the lack of established judicial precedents on this method. The Court stressed the need for a thorough assessment of all aspects related to revenue and cost allocation to ensure a fair decision. Case-Laws Income Tax Fri, 15 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292510