https://www.taxtmi.com/caselaws?id=411996 The Tribunal partly allowed the appeal for the A.Y. 2011-12, directing the AO to determine the Arm's Length Price (ALP) using the Transactional Net Margin Method (TNMM). Appeals for A.Ys. 2012-13 and 2013-14 were dismissed, upholding the TNMM application and inclusion of operating costs in the Profit Level Indicator (PLI) calculation. The Tribunal also dismissed additional grounds challenging the validity of the reference to the Transfer Pricing Officer (TPO). en-us Mon, 30 Aug 2021 00:00:00 +0530 Tue, 07 Sep 2021 11:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411996 The Tribunal partly allowed the appeal for the A.Y. 2011-12, directing the AO to determine the Arm's Length Price (ALP) using the Transactional Net Margin Method (TNMM). Appeals for A.Ys. 2012-13 and 2013-14 were dismissed, upholding the TNMM application and inclusion of operating costs in the Profit Level Indicator (PLI) calculation. The Tribunal also dismissed additional grounds challenging the validity of the reference to the Transfer Pricing Officer (TPO). Case-Laws Income Tax Mon, 30 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411996