https://www.taxtmi.com/caselaws?id=470712 The Transactional Net Margin Method (TNMM) remains the appropriate method for benchmarking exports of chemical additives to associated enterprises where it has been consistently accepted, the underlying facts and law remain unchanged, and no justified basis exists to replace it with the Comparable Uncontrolled Price Method. Transfer-pricing adjustments based on CUP were therefore deleted because TNMM margins fell within the arm's-length range. Claims for credit of taxes paid, including dividend distribution tax, require verification of payment before credit and consequential interest can be determined; those claims were remitted 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 The Transactional Net Margin Method (TNMM) remains the appropriate method for benchmarking exports of chemical additives to associated enterprises where it has been consistently accepted, the underlying facts and law remain unchanged, and no justified basis exists to replace it with the Comparable Uncontrolled Price Method. Transfer-pricing adjustments based on CUP were therefore deleted because TNMM margins fell within the arm's-length range. Claims for credit of taxes paid, including dividend distribution tax, require verification of payment before credit and consequential interest can be determined; those claims were remitted 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