https://www.taxtmi.com/caselaws?id=460861 Transfer pricing adjustment must be confined to the international transactions with associated enterprises and cannot be applied to an assessee's entire entity turnover, because arm's length analysis addresses income from AE transactions only. Printers were treated as computer peripherals forming part of the computer system, so the higher 60% depreciation rate applicable to computers was allowed. The note therefore reflects two accepted principles: AE-specific computation for transfer pricing and computer-rate depreciation for printers used as peripherals. en-us Wed, 20 Mar 2019 00:00:00 +0530 Tue, 25 Feb 2025 20:00:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460861 Transfer pricing adjustment must be confined to the international transactions with associated enterprises and cannot be applied to an assessee's entire entity turnover, because arm's length analysis addresses income from AE transactions only. Printers were treated as computer peripherals forming part of the computer system, so the higher 60% depreciation rate applicable to computers was allowed. The note therefore reflects two accepted principles: AE-specific computation for transfer pricing and computer-rate depreciation for printers used as peripherals. Case-Laws Income Tax Wed, 20 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460861