Transfer Pricing Adjustment Upheld: PLI Calculation Using TNMM Deemed Accurate by TPO, No Modifications Needed.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Transfer pricing adjustment - calculation of the assessee’s PLI - the calculation of PLI of the assessee done by the TPO under TNMM is correct, which does not warrant any interference. - AT....