ALP Adjustment of International Transaction Restricted to AEs

Terex India (P) Ltd. Vs DCIT (ITAT Pune)

CONCLUSION –

Adjustment on account of arm’s length price (ALP) of international transaction is restricted only to the extent of international transaction with associated enterprises (AE).

FACTS –

Assessee is engaged in manufacturing of material handling equipment and has entered into various international transactions with its associated enterprises.

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