https://www.taxtmi.com/caselaws?id=793874 Transfer pricing benchmarking must reflect extraordinary business disruption and actual cost absorption; where finished goods were sold to an associated enterprise after a customer shutdown, the adjustment was held unsustainable. Business expenditure incurred to keep an ongoing trading concern operational cannot be disallowed as preliminary or capital in nature on mere assumption of future expansion, so the disallowance failed. A slump sale requires transfer of an undertaking as a whole for lump sum consideration without separate values for individual assets and liabilities; sale of identified plant and machinery item-wise, with the remaining block continuing, was not a slump sale and no short-term capital gains addition survived. en-us Thu, 16 Apr 2026 00:00:00 +0530 Thu, 25 Jun 2026 08:27:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793874 Transfer pricing benchmarking must reflect extraordinary business disruption and actual cost absorption; where finished goods were sold to an associated enterprise after a customer shutdown, the adjustment was held unsustainable. Business expenditure incurred to keep an ongoing trading concern operational cannot be disallowed as preliminary or capital in nature on mere assumption of future expansion, so the disallowance failed. A slump sale requires transfer of an undertaking as a whole for lump sum consideration without separate values for individual assets and liabilities; sale of identified plant and machinery item-wise, with the remaining block continuing, was not a slump sale and no short-term capital gains addition survived. Case-Laws Income Tax Thu, 16 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793874