https://www.taxtmi.com/highlights?id=73320 TP Adjustment - Allocation of Common Cost - we agree with the TPO’s calculation of allocation based on the direct cost as it is the best suitable basis for allocation of Common Cost of G&A. Because the direct cost is easily available and verifiable. The onus is always on the assessee to file all necessary details before the TPO to prove the allocation - AT en-us Thu, 30 Nov 2023 07:44:00 +0530 Thu, 30 Nov 2023 17:59:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73320 TP Adjustment - Allocation of Common Cost - we agree with the TPO’s calculation of allocation based on the direct cost as it is the best suitable basis for allocation of Common Cost of G&A. Because the direct cost is easily available and verifiable. The onus is always on the assessee to file all necessary details before the TPO to prove the allocation - AT Highlights Income Tax Thu, 30 Nov 2023 07:44:00 +0530 https://www.taxtmi.com/highlights?id=73320