CORPORATE AND PROFESSIONAL UPDATE DATED MARCH 5,2016
CORPORATE AND PROFESSIONAL UPDATE DATED MARCH 5,2016 Direct Tax TRANSFER PRICING – COMPUTATION OF ARM’S LENGTH PRICE: Where assessee had benchmarked its international transactions on TNMM basis and TPO had neither disputed assessee’s claim that TNMM was most appropriate method, nor comparables selected by assessee, it was not open for TPO to reject benchmarking done …