https://www.taxtmi.com/caselaws?id=473014 Arm's length price adjustment for consultancy-expense reimbursement remained sustainable because the arrangement arose during the relevant financial year and could not be treated as a recurring issue governed by earlier years. Selection of the Comparable Uncontrolled Price Method was unsupported by material identifying comparable transactions or demonstrating the benchmarking of the payment. Records also failed to substantiate allocation of the overseas employee's higher salary and related costs to services rendered for the assessee. en-us Thu, 07 Nov 2024 00:00:00 +0530 Sat, 31 Oct 2026 17:44:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=473014 Arm's length price adjustment for consultancy-expense reimbursement remained sustainable because the arrangement arose during the relevant financial year and could not be treated as a recurring issue governed by earlier years. Selection of the Comparable Uncontrolled Price Method was unsupported by material identifying comparable transactions or demonstrating the benchmarking of the payment. Records also failed to substantiate allocation of the overseas employee's higher salary and related costs to services rendered for the assessee. Case-Laws Income Tax Thu, 07 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=473014