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Ad Hoc 10% TP Adjustment on Technical Services Deleted: ITAT Holds Adjustment Unsustainable, Methodologically Invalid [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) Mumbai has struck down the 10% ad hoc transfer pricing (TP) adjustment made on Siemens...
![CBDT notifies Tolerance Limit of 1% for Wholesale Traders and 3% for others under transfer pricing for AY 2020-21 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/10/CBDT-tolerance-limit-wholesale-traders-transfer-pricing-Taxscan.jpg "CBDT notifies Tolerance Limit of 1% for Wholesale Traders and 3% for others under transfer pricing for AY 2020-21 [Read Notification]")