https://www.taxtmi.com/caselaws?id=470699 The Transactional Net Margin Method (TNMM) remained the most appropriate method for benchmarking exports of chemical additives to associated enterprises because it had been consistently applied on an aggregated entity-level basis and produced operating margins within the arm's-length range. As no change in facts, circumstances, or law, and no cogent basis for rejecting TNMM, was identified, the rule of consistency prevented replacement with the Comparable Uncontrolled Price Method. The transfer-pricing adjustments for both assessment years were therefore deleted. en-us Mon, 21 Apr 2025 00:00:00 +0530 Tue, 04 Aug 2026 20:51:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470699 The Transactional Net Margin Method (TNMM) remained the most appropriate method for benchmarking exports of chemical additives to associated enterprises because it had been consistently applied on an aggregated entity-level basis and produced operating margins within the arm's-length range. As no change in facts, circumstances, or law, and no cogent basis for rejecting TNMM, was identified, the rule of consistency prevented replacement with the Comparable Uncontrolled Price Method. The transfer-pricing adjustments for both assessment years were therefore deleted. Case-Laws Income Tax Mon, 21 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470699