https://www.taxtmi.com/caselaws?id=406125 The ITAT allowed the appeal, following the decision of the Coordinate Bench for AY 2013-14, and deleted the addition made by the TPO/AO. The ITAT ruled that the TPO's determination at NIL was invalid due to the failure to apply an approved method and arbitrary application of the benefit test. The decision was supported by statutory provisions, judicial precedents, and evidences on record, emphasizing the importance of prescribed methods in determining arm's length prices for intra group services. en-us Thu, 25 Mar 2021 00:00:00 +0530 Wed, 07 Apr 2021 09:16:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406125 The ITAT allowed the appeal, following the decision of the Coordinate Bench for AY 2013-14, and deleted the addition made by the TPO/AO. The ITAT ruled that the TPO's determination at NIL was invalid due to the failure to apply an approved method and arbitrary application of the benefit test. The decision was supported by statutory provisions, judicial precedents, and evidences on record, emphasizing the importance of prescribed methods in determining arm's length prices for intra group services. Case-Laws Income Tax Thu, 25 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406125