Transfer Pricing Addition Deleted Because ALP Was Fixed at Nil Without Prescribed Method

ACIT Vs Schaeffler India Pvt. Ltd. (ITAT Ahmedabad) ITAT Deletes TP Adjustment Because Management Services Were Proven Through Documentary Evidence; ITAT Upholds Relief Because TPO Could Not Treat Business Support Services as Shareholder Activities; ITAT Rejects Revenue Appeal Because Earlier Group Decisions Covered Identical TP Issue; Manufacturing TP Adjustment Deleted Because Assessee’s Margin Exceeded Comparable Margin. The Revenue filed an appeal before the ITAT Ahmedabad against the order of the Commissioner of Income Tax (Appeals) for Assessment Year 2013-14. The dispute related ...