Tag Archives: TP

Company Performing Broader Auto Component Functions Qualifies as Comparable and Brought Forward Losses Must Be Set Off

By | August 1, 2026
0 Comment

Company Performing Broader Auto Component Functions Qualifies as Comparable and Brought Forward Losses Must Be Set Off Issue Whether a company manufacturing core auto components, compressors, and filters qualifies as a valid functional comparable under TNMM, and whether the Assessing Officer must grant set-off of brought forward business losses omitted in the final tax computation… Read More »

Broader Auto-Component Manufacturer Is Valid TNMM Comparable and Loss Set-Off Must Be Granted

By | July 30, 2026
0 Comment

Broader Auto-Component Manufacturer Is Valid TNMM Comparable and Loss Set-Off Must Be Granted Broader Auto-Component Manufacturer Is Valid TNMM Comparable and Loss Set-Off Must Be Granted Issue Whether a company performing broader auto-component manufacturing functions can be accepted as a valid comparable under the Transactional Net Margin Method (TNMM), particularly when accepted by the Transfer… Read More »

Company Performing Broader Auto-Component Manufacturing Functions Is a Valid Transfer Pricing Comparable Under TNMM

By | July 30, 2026
0 Comment

Company Performing Broader Auto-Component Manufacturing Functions Is a Valid Transfer Pricing Comparable Under TNMM Issue Whether a company performing broader auto-component manufacturing functions can be selected as a valid comparable under the Transactional Net Margin Method (TNMM), especially when accepted in subsequent assessment years. Whether the Assessing Officer (AO) is required to grant set-off of… Read More »