Following the earlier order the Transfer Pricing Officer was directed to determine the arm’s length price of the transaction under the trading segment using the cost plus method as the most appropriate one. (AY. 2012-13)
A.O. Smith India Water Products Pvt. Ltd. v. Dy.CIT (2021) 86 ITR 38 (SN.) (Bang.)(Trib.)
S. 92C : Transfer pricing-Arm’s length price-Net Margin Method or Cost-Plus Method-Directed to adopt cost plus method. [S.92CA]