https://www.taxtmi.com/caselaws?id=428817 The Tribunal partly allowed the appeal, directing the Transfer Pricing Officer (TPO) to adopt internal Transactional Net Margin Method (TNMM) for benchmarking international transactions in the IT enabled services sector. The decision emphasized the importance of using internal TNMM for assessing arm's length prices, highlighting the reliability and accuracy of financial data for such analysis. The Tribunal's ruling provided clarity on transfer pricing assessments, ensuring fair and reasonable determinations in related party transactions. en-us Fri, 07 Oct 2022 00:00:00 +0530 Tue, 11 Oct 2022 09:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428817 The Tribunal partly allowed the appeal, directing the Transfer Pricing Officer (TPO) to adopt internal Transactional Net Margin Method (TNMM) for benchmarking international transactions in the IT enabled services sector. The decision emphasized the importance of using internal TNMM for assessing arm's length prices, highlighting the reliability and accuracy of financial data for such analysis. The Tribunal's ruling provided clarity on transfer pricing assessments, ensuring fair and reasonable determinations in related party transactions. Case-Laws Income Tax Fri, 07 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428817