https://www.taxtmi.com/caselaws?id=470712 Consistent application of the Transactional Net Margin Method (TNMM) for exports of chemical additives to associated enterprises supports its continued use where no material change in facts or law justifies replacement by the Comparable Uncontrolled Price Method. The notes state that TNMM margins were within the arm's length range, resulting in deletion of the transfer-pricing adjustments. Claims for credit of taxes paid, including dividend distribution tax, require factual verification of payment before credit and consequential interest can be computed; those claims were restored to the Assessing Officer for verification and grant in accordance with law. en-us Fri, 30 Jun 2023 00:00:00 +0530 Wed, 05 Aug 2026 15:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470712 Consistent application of the Transactional Net Margin Method (TNMM) for exports of chemical additives to associated enterprises supports its continued use where no material change in facts or law justifies replacement by the Comparable Uncontrolled Price Method. The notes state that TNMM margins were within the arm's length range, resulting in deletion of the transfer-pricing adjustments. Claims for credit of taxes paid, including dividend distribution tax, require factual verification of payment before credit and consequential interest can be computed; those claims were restored to the Assessing Officer for verification and grant in accordance with law. Case-Laws Income Tax Fri, 30 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470712