Wednesday, July 24, 2019

Most appropriate method to determine ALP of goods sold would be RPM in case no value addition was done

TRANSFER PRICING : Where assessee had resold goods imported from AE without any value addition, most appropriate method which could be applied for determining arm's length price would be RPM and TNMM could not be most appropriate method in such type of transaction

from www.taxmann.com Latest Case Laws https://ift.tt/2SBOGed

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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