https://www.taxtmi.com/caselaws?id=777597 ITAT held the TPO erred in rejecting the assessee's internal CUP for sale of readymade garments, finding the AE acted as a pass-through with back-to-back invoicing and full disclosure; internal CUP (and alternatively internal TNMM) were appropriate and transactions were at arm's length, so the entire TP adjustment was deleted. The Tribunal also directed deletion of the s.14A disallowance because no exempt income arose in the year. Appeal of the assessee was allowed. en-us Thu, 31 Jul 2025 00:00:00 +0530 Tue, 02 Sep 2025 08:01:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777597 ITAT held the TPO erred in rejecting the assessee's internal CUP for sale of readymade garments, finding the AE acted as a pass-through with back-to-back invoicing and full disclosure; internal CUP (and alternatively internal TNMM) were appropriate and transactions were at arm's length, so the entire TP adjustment was deleted. The Tribunal also directed deletion of the s.14A disallowance because no exempt income arose in the year. Appeal of the assessee was allowed. Case-Laws Income Tax Thu, 31 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777597