https://www.taxtmi.com/highlights?id=69033 Transfer pricing (TP) adjustments - The method adopted by the TPO suffered from the defect of the comparing uncomparable chemicals, using an average variation between the ALP and the actual price in two different chemicals, using the same as the variation in the ALP of the ten different chemicals. - We are of the view that the CUP method suffered from multiple infirmities and was not a most appropriate method for the transactions pertaining to the year under consideration. - AT en-us Sat, 01 Apr 2023 11:46:39 +0530 Sat, 01 Apr 2023 11:46:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=69033 Transfer pricing (TP) adjustments - The method adopted by the TPO suffered from the defect of the comparing uncomparable chemicals, using an average variation between the ALP and the actual price in two different chemicals, using the same as the variation in the ALP of the ten different chemicals. - We are of the view that the CUP method suffered from multiple infirmities and was not a most appropriate method for the transactions pertaining to the year under consideration. - AT Highlights Income Tax Sat, 01 Apr 2023 11:46:39 +0530 https://www.taxtmi.com/highlights?id=69033