Appellate Authority Upholds Use of TNMM Over Resale Price Method for Transfer Pricing Adjustment in ALP Calculation.

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....TP Adjustment - re-computation of ALP by combining both Import of material and Export of Finished goods and applying TNMM and thereby upward adjustment - The order of AP/TPO directing the DRP in rejecting the resale price method adopted by the assessee and adopting transactional net margin method as the most appropriate method sustained - AT....