https://www.taxtmi.com/highlights?id=73314 TP Adjustment - ALP of International Transactions of import of fixed assets - Even though the Ld. TPO had mentioned that he is following CUP method as the most appropriate method for benchmarking this transaction, in effect, he had not adopted CUP method as per Rule 10B of the Rules. This is because of the fact that he had not brought on record any comparable uncontrolled transactions to justify the basis of adoption under CUP. - Additions deleted - AT en-us Thu, 30 Nov 2023 07:43:36 +0530 Thu, 30 Nov 2023 17:58:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73314 TP Adjustment - ALP of International Transactions of import of fixed assets - Even though the Ld. TPO had mentioned that he is following CUP method as the most appropriate method for benchmarking this transaction, in effect, he had not adopted CUP method as per Rule 10B of the Rules. This is because of the fact that he had not brought on record any comparable uncontrolled transactions to justify the basis of adoption under CUP. - Additions deleted - AT Highlights Income Tax Thu, 30 Nov 2023 07:43:36 +0530 https://www.taxtmi.com/highlights?id=73314