RPM is most appropriate for Benchmarking Imported Men’s Wear Resale Transactions

Celio Future Fashion Pvt. Ltd. Vs ACIT (ITAT Mumbai)

ITAT Mumbai held that Retail Sale Price Method (RPM) is the most appropriate method for benchmarking the international transaction of ‘import of men’s wear for resale’ between Celio Future Fashion Pvt. Ltd. and its associated enterprises.

Facts- The assessee is a company engaged in the business of trading in ready-made garments and accessories under the name and style of “Celio”. For the year under consideratio

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