Transactional Net Margin Method is the Most Appropriate Method for Benchmarking the License fees and Management Fees: ITAT [Read Order]

By Taxscan Team - On May 20, 2022 3:33 pm - 2 mins read
Transactional Net Margin Method - Most Appropriate Method - Benchmarking - License fees - Management Fees - ITAT - Taxscan

The Income Tax Appellate Tribunal (ITAT), Bangalore bench comprising Shri George George K, JM, and Ms. Padmavathy S, AM has held that Transactional Net Margin Method is the Most Appropriate Method for benchmarking the license fees and management fees in the absence of proper benchmarking under Comparable Uncontrolled Price. The appellant assessee company is a…

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