https://www.taxtmi.com/caselaws?id=416948 The Tribunal held that the Resale Price Method (RPM) is the Most Appropriate Method (MAM) for determining the Arm's Length Price (ALP) in international transactions, rejecting the Transaction Net Margin Method (TNMM) relied upon by the Tax Authorities. Additionally, the Tribunal upheld the disallowance under Section 43B for unpaid Bonus and Leave encashment but directed the Assessing Officer to prevent double taxation by ensuring that the income already offered in the subsequent year is not taxed again, providing relief to the Assessee. en-us Tue, 04 Jan 2022 00:00:00 +0530 Thu, 03 Mar 2022 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416948 The Tribunal held that the Resale Price Method (RPM) is the Most Appropriate Method (MAM) for determining the Arm's Length Price (ALP) in international transactions, rejecting the Transaction Net Margin Method (TNMM) relied upon by the Tax Authorities. Additionally, the Tribunal upheld the disallowance under Section 43B for unpaid Bonus and Leave encashment but directed the Assessing Officer to prevent double taxation by ensuring that the income already offered in the subsequent year is not taxed again, providing relief to the Assessee. Case-Laws Income Tax Tue, 04 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416948