https://www.taxtmi.com/caselaws?id=427342 The Tribunal allowed the assessee's appeals for both assessment years, following the High Court's decisions in the assessee's previous case. It upheld that Associated Enterprises can be considered as tested parties and segmental profitability should be considered for determining the Arm's Length Price. The grounds related to PLI computation and interest disallowance were dismissed. The issue concerning administrative and IT support services was decided in favor of the assessee for AY 2015-16. en-us Fri, 12 Aug 2022 00:00:00 +0530 Tue, 06 Sep 2022 10:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427342 The Tribunal allowed the assessee's appeals for both assessment years, following the High Court's decisions in the assessee's previous case. It upheld that Associated Enterprises can be considered as tested parties and segmental profitability should be considered for determining the Arm's Length Price. The grounds related to PLI computation and interest disallowance were dismissed. The issue concerning administrative and IT support services was decided in favor of the assessee for AY 2015-16. Case-Laws Income Tax Fri, 12 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427342