https://www.taxtmi.com/caselaws?id=404223 The Tribunal dismissed the revenue's appeal and upheld the Commissioner (Appeals)' decision to restrict the adjustment to the arm's length profit margin. The Tribunal found that the transactions with associated enterprises were at arm's length, supported by additional evidence and the nature of marketing functions performed by the enterprises. The judgment emphasized the importance of detailed evidence in transfer pricing cases to accurately determine arm's length profit margins based on associated enterprises' functions and contributions. en-us Tue, 09 Feb 2021 00:00:00 +0530 Fri, 19 Feb 2021 10:35:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404223 The Tribunal dismissed the revenue's appeal and upheld the Commissioner (Appeals)' decision to restrict the adjustment to the arm's length profit margin. The Tribunal found that the transactions with associated enterprises were at arm's length, supported by additional evidence and the nature of marketing functions performed by the enterprises. The judgment emphasized the importance of detailed evidence in transfer pricing cases to accurately determine arm's length profit margins based on associated enterprises' functions and contributions. Case-Laws Income Tax Tue, 09 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404223