https://www.taxtmi.com/caselaws?id=435318 The Tribunal partially allowed the appeals, directing the AO/TPO to reassess various issues based on its guidance and principles of natural justice. The appeal in ITA No. 2169/Hyd/2018 was dismissed, while other appeals were remanded for further consideration. The Tribunal upheld the rejection of the TNMM method in favor of the CUP method for transfer pricing grounds but directed the TPO to apply TNMM for benchmarking in subsequent years. Various non-transfer pricing grounds were remanded for re-evaluation by the AO, including issues related to cash discounts, depreciation on goodwill, provision for obsolete stock, forex loss, reimbursement of salary expenses, and provision for site restoration fund. en-us Mon, 27 Jun 2022 00:00:00 +0530 Thu, 16 Mar 2023 14:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435318 The Tribunal partially allowed the appeals, directing the AO/TPO to reassess various issues based on its guidance and principles of natural justice. The appeal in ITA No. 2169/Hyd/2018 was dismissed, while other appeals were remanded for further consideration. The Tribunal upheld the rejection of the TNMM method in favor of the CUP method for transfer pricing grounds but directed the TPO to apply TNMM for benchmarking in subsequent years. Various non-transfer pricing grounds were remanded for re-evaluation by the AO, including issues related to cash discounts, depreciation on goodwill, provision for obsolete stock, forex loss, reimbursement of salary expenses, and provision for site restoration fund. Case-Laws Income Tax Mon, 27 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435318