Friday, September 20, 2019

RPM was most appropriate method if imported goods were resold without making any value additions

TRANSFER PRICING: Where assessee purchased Crystal goods and Crystal related products from its AE and sold same without making any value addition to such imports, Resale Price Method would be most appropriate method for benchmarking aforesaid international transaction

from www.taxmann.com Latest Case Laws https://ift.tt/31Dbj5Z

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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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