https://www.taxtmi.com/caselaws?id=751761 HC dismissed the revenue appeal and upheld the ITAT: the TPO erred in rejecting the assessee's chosen methods without adequate factual basis, improperly relying on Bloomberg data for CUP benchmarking and failing to address reliability and relevance of customs-export rates and transactional details. ITAT correctly applied MAM principles, preferred CUP where applicable over TNMM, accepted the assessee's adjustments and country-specific indices for coal, and found no legal error in its fact-based conclusions. No substantial question of law arose. en-us Wed, 17 Apr 2024 00:00:00 +0530 Mon, 01 Sep 2025 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751761 HC dismissed the revenue appeal and upheld the ITAT: the TPO erred in rejecting the assessee's chosen methods without adequate factual basis, improperly relying on Bloomberg data for CUP benchmarking and failing to address reliability and relevance of customs-export rates and transactional details. ITAT correctly applied MAM principles, preferred CUP where applicable over TNMM, accepted the assessee's adjustments and country-specific indices for coal, and found no legal error in its fact-based conclusions. No substantial question of law arose. Case-Laws Income Tax Wed, 17 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751761