TNMM is most appropriate method for International Transactions: Delhi HC upholds Tribunal’s Order [Read Order]

TNMM  - Most Appropriate Method - International Transactions-Delhi HC - Tribunal’s Order-TAXSCAN

The Delhi High Court upheld the order of the Tribunal as the Transactional Net Margin Method (TNMM) is the most appropriate method for international transactions. M/s Hellmann Worldwide Logistics India Pvt Ltd, the respondent/assessee, a Private Limited Company engaged in multiple homogeneous transactions in the area of airfreight and sea freight, filed its return of…

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