https://www.taxtmi.com/caselaws?id=440571 Transfer pricing benchmarking for freight paid to an associated enterprise must follow the actual shipment date and the exchange rate prevailing then, because the international transaction is realised on shipment rather than on the contractual promise; the adjustment was deleted on that basis. A statutory claim for indexation in long-term capital gains may be entertained at the appellate stage even if not raised in the original return or computation, because the restriction in Goetze (India) Ltd. applies to the assessing authority and not to appellate authorities; the claim was directed to be verified and allowed subject to computation. en-us Fri, 31 Mar 2023 00:00:00 +0530 Thu, 20 Jul 2023 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440571 Transfer pricing benchmarking for freight paid to an associated enterprise must follow the actual shipment date and the exchange rate prevailing then, because the international transaction is realised on shipment rather than on the contractual promise; the adjustment was deleted on that basis. A statutory claim for indexation in long-term capital gains may be entertained at the appellate stage even if not raised in the original return or computation, because the restriction in Goetze (India) Ltd. applies to the assessing authority and not to appellate authorities; the claim was directed to be verified and allowed subject to computation. Case-Laws Income Tax Fri, 31 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440571