https://www.taxtmi.com/caselaws?id=802228 Transfer pricing adjustments for freight, handling and related charges require arm's length benchmarking under Section 92C of the Income-tax Act, 1961. Inadequate documentation does not justify adjusting the entire payment or restricting the adjustment to an estimated percentage without applying the most appropriate prescribed method. Where the taxpayer's benchmarking is rejected, the arm's length price must be determined afresh using that method. Documentation failures may have other statutory consequences but do not remove the benchmarking requirement. en-us Thu, 08 Oct 2026 00:00:00 +0530 Tue, 03 Nov 2026 09:23:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=802228 Transfer pricing adjustments for freight, handling and related charges require arm's length benchmarking under Section 92C of the Income-tax Act, 1961. Inadequate documentation does not justify adjusting the entire payment or restricting the adjustment to an estimated percentage without applying the most appropriate prescribed method. Where the taxpayer's benchmarking is rejected, the arm's length price must be determined afresh using that method. Documentation failures may have other statutory consequences but do not remove the benchmarking requirement. Case-Laws Income Tax Thu, 08 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=802228