https://www.taxtmi.com/caselaws?id=306219 The tribunal allowed the assessee's appeal partially, accepting the Mutual Agreement Procedure (MAP) Resolution and directing the Assessing Officer to apply the Resale Price Method (RPM) for determining the Arm's Length Price (ALP) of traded goods. The rejection of RPM in favor of Transactional Net Margin Method (TNMM) was overturned, emphasizing the suitability of RPM for pure sale of traded goods with no value addition. The tribunal admitted additional grounds based on the Dispute Resolution Panel's order, providing detailed reasoning and directions for further assessment. en-us Wed, 09 Dec 2020 00:00:00 +0530 Tue, 17 Jan 2023 20:53:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306219 The tribunal allowed the assessee's appeal partially, accepting the Mutual Agreement Procedure (MAP) Resolution and directing the Assessing Officer to apply the Resale Price Method (RPM) for determining the Arm's Length Price (ALP) of traded goods. The rejection of RPM in favor of Transactional Net Margin Method (TNMM) was overturned, emphasizing the suitability of RPM for pure sale of traded goods with no value addition. The tribunal admitted additional grounds based on the Dispute Resolution Panel's order, providing detailed reasoning and directions for further assessment. Case-Laws Income Tax Wed, 09 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306219