https://www.taxtmi.com/caselaws?id=293372 The High Court dismissed the Revenue's appeal and upheld the Income Tax Appellate Tribunal's decision on applying the resale price method (RPM) to determine the arm's length price (ALP) for an international transaction with the Assessee's associated enterprise (AE) for the Assessment Year 2008-09. The Court found that the Assessee's gross profit margin in export transactions with its AE was significantly higher than with unrelated parties, and the export price per motorcycle was competitive. These factual findings, unchallenged by the Revenue, led the Court to reject framing a question on this issue. en-us Mon, 14 Mar 2016 00:00:00 +0530 Mon, 08 Feb 2021 06:23:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293372 The High Court dismissed the Revenue's appeal and upheld the Income Tax Appellate Tribunal's decision on applying the resale price method (RPM) to determine the arm's length price (ALP) for an international transaction with the Assessee's associated enterprise (AE) for the Assessment Year 2008-09. The Court found that the Assessee's gross profit margin in export transactions with its AE was significantly higher than with unrelated parties, and the export price per motorcycle was competitive. These factual findings, unchallenged by the Revenue, led the Court to reject framing a question on this issue. Case-Laws Income Tax Mon, 14 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293372