https://www.taxtmi.com/caselaws?id=305746 The tribunal allowed the appeal for statistical purposes, directing the AO to recompute the Arm's Length Price (ALP) of the international transaction under the Cost Plus Method. The tribunal emphasized the consideration of both direct and indirect costs and the use of single year data in determining the ALP, as mandated by Rule 10B(1)(c). The previous deletion of the addition on account of transfer pricing adjustment was set aside, and the AO was instructed to compute the ALP afresh in accordance with the tribunal's directives. en-us Fri, 13 Nov 2015 00:00:00 +0530 Tue, 18 Apr 2023 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305746 The tribunal allowed the appeal for statistical purposes, directing the AO to recompute the Arm's Length Price (ALP) of the international transaction under the Cost Plus Method. The tribunal emphasized the consideration of both direct and indirect costs and the use of single year data in determining the ALP, as mandated by Rule 10B(1)(c). The previous deletion of the addition on account of transfer pricing adjustment was set aside, and the AO was instructed to compute the ALP afresh in accordance with the tribunal's directives. Case-Laws Income Tax Fri, 13 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305746