https://www.taxtmi.com/caselaws?id=441479 The court ruled in favor of the Assessee, finding the Tribunal's decision inconsistent with its previous rulings. The Tribunal's rejection of the aggregation approach and its separate benchmarking of royalty payments contradicted established methodologies. The court concluded that the Tribunal misapplied case law and should have adhered to the TNMM method for all transactions, allowing the appeals. en-us Fri, 28 Jul 2023 00:00:00 +0530 Fri, 01 Mar 2024 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441479 The court ruled in favor of the Assessee, finding the Tribunal's decision inconsistent with its previous rulings. The Tribunal's rejection of the aggregation approach and its separate benchmarking of royalty payments contradicted established methodologies. The court concluded that the Tribunal misapplied case law and should have adhered to the TNMM method for all transactions, allowing the appeals. Case-Laws Income Tax Fri, 28 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441479