Wednesday, March 11, 2026

Income Tax and Legal Principles on Correct Method to be Applied on Transactions

*Income Tax and Legal Principles on Correct Method to be Applied on Transactions*

It has been held in *DCIT v. NDTV [2026] GCtR 208 (ITAT, Delhi)* that though under TNMM method, there is sufficient tolerance, mere broad functionality is by itself insufficient. Thus, unless the product comparability is to be established, such comparable cannot be taken as a valid comparable. 

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