https://www.taxtmi.com/caselaws?id=421346 The ITAT found that the Management Service Fee (MSF) paid to Associated Enterprises (AE) was at Arm's Length Price (ALP), supported by evidence of services provided. The TPO's determination of NIL value for the MSF transaction was deemed incorrect. The selection of Walter AG as the tested party was rejected, and the adequacy of documentation submitted by the assessee was upheld. The appeal was allowed, and the transfer pricing adjustment for the MSF was deleted. en-us Mon, 04 Apr 2022 00:00:00 +0530 Fri, 22 Apr 2022 08:26:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421346 The ITAT found that the Management Service Fee (MSF) paid to Associated Enterprises (AE) was at Arm's Length Price (ALP), supported by evidence of services provided. The TPO's determination of NIL value for the MSF transaction was deemed incorrect. The selection of Walter AG as the tested party was rejected, and the adequacy of documentation submitted by the assessee was upheld. The appeal was allowed, and the transfer pricing adjustment for the MSF was deleted. Case-Laws Income Tax Mon, 04 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421346