https://www.taxtmi.com/caselaws?id=308916 The Tribunal set aside the previous findings and directed the Assessing Officer/Transfer Pricing Officer to consider the Resale Price Method (RPM) as the most appropriate method for transfer pricing adjustments in the case of the assessee, a distributor. The Tribunal emphasized that RPM should apply as the business involved receiving goods at no cost from the parent company and earning a gross margin after expenses, distinguishing it from a service without a profit margin. The appeal was treated as allowed for statistical purposes. en-us Tue, 18 Apr 2023 00:00:00 +0530 Tue, 01 Aug 2023 08:20:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308916 The Tribunal set aside the previous findings and directed the Assessing Officer/Transfer Pricing Officer to consider the Resale Price Method (RPM) as the most appropriate method for transfer pricing adjustments in the case of the assessee, a distributor. The Tribunal emphasized that RPM should apply as the business involved receiving goods at no cost from the parent company and earning a gross margin after expenses, distinguishing it from a service without a profit margin. The appeal was treated as allowed for statistical purposes. Case-Laws Income Tax Tue, 18 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308916