Tribunal reaffirms the importance of comparability
June 24, 2009
Following a recent Indian tribunal ruling on the use of cash profit/sales, Samir Gandhi and Vineet Chhabra of Deloitte India explain the importance of profit level indicators (PLI) under the TNMM.
In yet another decision on transfer pricing, the Delhi Tribunal dealt with certain fundamental issues relating to comparability analysis and has once again emphasised the importance of adjustments to be made for differences between the international transactions and uncontrolled transactions.
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