https://www.taxtmi.com/caselaws?id=444803 ITAT Delhi held that Resale Price Method (RPM) is the most appropriate method for determining arm's length price of international transactions, following coordinate bench precedent. The tribunal directed AO/TPO to accept RPM as the most appropriate method. Regarding comparable company selection, ITAT remanded the matter to TPO for fresh consideration after assessee objected to inclusion of certain companies that failed the 25% related party transaction filter. Revenue did not oppose remand. Appeal was partly allowed for statistical purposes. en-us Wed, 18 Oct 2023 00:00:00 +0530 Sat, 21 Oct 2023 10:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444803 ITAT Delhi held that Resale Price Method (RPM) is the most appropriate method for determining arm's length price of international transactions, following coordinate bench precedent. The tribunal directed AO/TPO to accept RPM as the most appropriate method. Regarding comparable company selection, ITAT remanded the matter to TPO for fresh consideration after assessee objected to inclusion of certain companies that failed the 25% related party transaction filter. Revenue did not oppose remand. Appeal was partly allowed for statistical purposes. Case-Laws Income Tax Wed, 18 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444803