https://www.taxtmi.com/caselaws?id=402845 The appeal filed by the assessee was allowed for statistical purposes. The Tribunal directed re-verification and determination of the Arm's Length Price (ALP) based on appropriate methods and evidence, emphasizing the necessity to assess ALP in accordance with the law. The Tribunal highlighted the importance of considering the viewpoint of the assessee as a businessman in assessing the requirement of services from Associated Enterprises (AEs). The Tribunal's decision emphasized the need for a thorough analysis and comparability study in determining ALP for international transactions. en-us Wed, 25 Nov 2020 00:00:00 +0530 Wed, 13 Jan 2021 22:05:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402845 The appeal filed by the assessee was allowed for statistical purposes. The Tribunal directed re-verification and determination of the Arm's Length Price (ALP) based on appropriate methods and evidence, emphasizing the necessity to assess ALP in accordance with the law. The Tribunal highlighted the importance of considering the viewpoint of the assessee as a businessman in assessing the requirement of services from Associated Enterprises (AEs). The Tribunal's decision emphasized the need for a thorough analysis and comparability study in determining ALP for international transactions. Case-Laws Income Tax Wed, 25 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402845