https://www.taxtmi.com/caselaws?id=445389 The Tribunal allowed the assessee's appeals, directing the Assessing Officer/Transfer Pricing Officer to apply the aggregation and Transactional Net Margin Method (TNMM) for the assessment years 2016-17 and 2017-18. The Tribunal acknowledged a mistake in not considering a prior order dated 24/09/2021 and modified its previous order to align with that decision. The Revenue's argument for using the Comparable Uncontrolled Price (CUP) method was rejected. The Tribunal instructed the officers to finalize computations according to the law, considering the comparables list submitted by the assessee. en-us Thu, 05 Oct 2023 00:00:00 +0530 Mon, 06 Nov 2023 11:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445389 The Tribunal allowed the assessee's appeals, directing the Assessing Officer/Transfer Pricing Officer to apply the aggregation and Transactional Net Margin Method (TNMM) for the assessment years 2016-17 and 2017-18. The Tribunal acknowledged a mistake in not considering a prior order dated 24/09/2021 and modified its previous order to align with that decision. The Revenue's argument for using the Comparable Uncontrolled Price (CUP) method was rejected. The Tribunal instructed the officers to finalize computations according to the law, considering the comparables list submitted by the assessee. Case-Laws Income Tax Thu, 05 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445389