https://www.taxtmi.com/caselaws?id=470714 Consistent use of the Transactional Net Margin Method for benchmarking exports of chemical additives to associated enterprises could not be replaced by the Comparable Uncontrolled Price Method where the method had been accepted in comparable transactions and earlier years, with no change in facts, circumstances, or law. The notes state that the rule of consistency precluded departure from the established method in identical circumstances. The Transactional Net Margin Method remained the most appropriate method, resulting in deletion of the transfer-pricing adjustment. en-us Tue, 18 May 2021 00:00:00 +0530 Wed, 05 Aug 2026 15:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470714 Consistent use of the Transactional Net Margin Method for benchmarking exports of chemical additives to associated enterprises could not be replaced by the Comparable Uncontrolled Price Method where the method had been accepted in comparable transactions and earlier years, with no change in facts, circumstances, or law. The notes state that the rule of consistency precluded departure from the established method in identical circumstances. The Transactional Net Margin Method remained the most appropriate method, resulting in deletion of the transfer-pricing adjustment. Case-Laws Income Tax Tue, 18 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470714