https://www.taxtmi.com/caselaws?id=461268 In transfer pricing benchmarking, where the assessee and comparables applied different depreciation rates, an adjustment is warranted to neutralise the effect of differing depreciation charges on margin comparison. Rule 10B(1) permits this adjustment to be made in the hands of the tested party and not only in the hands of the comparables. The Tribunal followed earlier decisions, upheld the Commissioner (Appeals)' approach, and rejected the Revenue's challenge. en-us Thu, 17 Feb 2022 00:00:00 +0530 Tue, 25 Mar 2025 20:50:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461268 In transfer pricing benchmarking, where the assessee and comparables applied different depreciation rates, an adjustment is warranted to neutralise the effect of differing depreciation charges on margin comparison. Rule 10B(1) permits this adjustment to be made in the hands of the tested party and not only in the hands of the comparables. The Tribunal followed earlier decisions, upheld the Commissioner (Appeals)' approach, and rejected the Revenue's challenge. Case-Laws Income Tax Thu, 17 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461268