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Income Tax | Management Fee TP Adjustment Cannot Be Made Without Justifying CUP Over TNMM: ITAT Mumbai

21 Sept 2026 · 5d agoBy CA Sandeep KanoiSource: TaxGuru

ITAT Mumbai deleted Rs.119.53 crore management fee TP adjustment, holding TPO could not reject TNMM or value bundled intra-group services at nil. The post Management Fee TP Adjustment Cannot Be Made Without Justifying CUP Over TNMM: ITAT Mumbai appeared first on TaxGuru .

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Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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