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2023 (2) TMI 1273 - AT - Income TaxTP Adjustment - royalty adjustment - MAM - royalty adjustment has been made separately by applying profit level method (PSM) whereas the assessee contested that the TNMM should be applied by the revenue authorities - HELD THAT:- As relying on own case for the AY 2017-18 [2022 (6) TMI 1462 - ITAT BANGALORE] we direct the AO/TPO/DRP for applying TNMM as most appropriate method as decided in the previous assessment year cited supra. Needless to say that the assessee shall be given reasonable opportunity of being heard and assessee is directed not to seek unnecessary adjournment for early disposal of the case.
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