Income Tax - Highlights / Catch Notes
Income Tax - TP Adjustment - rejecting the Internal Transactional Net...
TP Adjustment - rejecting the Internal Transactional Net Margin Method (TNMM) as Most Appropriate Method (MAM) - effectively all the 12 comparables chosen by the assessee, on without prejudice basis, for applying External TNMM gets approved. - there is no scope for making any adjustment to armís length price even if External TNMM is adopted in the instant case. - AT