https://www.taxtmi.com/caselaws?id=408506 The appeal was dismissed, and the order confirmed the deletion of the transfer pricing addition related to the Specified Domestic Transaction (SDT) of rent payment. The delay in filing the appeal was condoned due to the COVID-19 lockdown. The Tribunal upheld the Commissioner of Income Tax (Appeals) decision, concluding that the premises were indeed used by the assessee, and the rent paid was justified. The Tribunal found the CUP method applied by the assessee valid, resulting in the deletion of the transfer pricing addition. en-us Fri, 11 Jun 2021 00:00:00 +0530 Mon, 27 Jun 2022 15:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408506 The appeal was dismissed, and the order confirmed the deletion of the transfer pricing addition related to the Specified Domestic Transaction (SDT) of rent payment. The delay in filing the appeal was condoned due to the COVID-19 lockdown. The Tribunal upheld the Commissioner of Income Tax (Appeals) decision, concluding that the premises were indeed used by the assessee, and the rent paid was justified. The Tribunal found the CUP method applied by the assessee valid, resulting in the deletion of the transfer pricing addition. Case-Laws Income Tax Fri, 11 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408506