Thursday, September 26, 2019

TNMM is most appropriate method for benchmarking international transactions of payment of FTS

TRANSFER PRICING: Where Tribunal in assessee's own case for earlier assessment years held that for benchmarking international transactions of payment of fees for technical assistance services TNM method was MAM and restored issue for verification as to whether margin of tested party was at arm's length to margins of comparables companies, in absence of change in circumstances for year under consideration, matter was to be restored back to TPO for disposal afresh with similar directions

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

No comments:

Post a Comment

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

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...