RPM is Most Appropriate Method for Ascertaining ALP as the Distributer did not Make any Value Addition to Goods: Delhi HC [Read Order]

RPM - RPM is Most Appropriate Method - RPM is Most Appropriate Method for Ascertaining ALP - Ascertaining ALP - delhi hc - taxscan

The Delhi High Court Resale Price Method (RPM) is the Most Appropriate Method(MOM) for Ascertaining Arm’s Length Price (ALP) as the distributor did not make any value addition to the goods. The Assessing Officer (AO) passed orders under Section 144C read with Section 143(3) of the Income Tax Act, 1961 [“Act”]. The record also showed…

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