https://www.taxtmi.com/caselaws?id=151313 The Tribunal allowed the taxpayer's appeal for statistical purposes, directing the Assessing Officer/TPO to re-examine the provision for future losses and determine the correct profit margin. The Tribunal upheld the TPO's exclusion of Wellwin Industry Ltd. due to unreliable financial data and supported the approach of considering system integration as a single business unit for benchmarking. The taxpayer was permitted to raise the issue of future losses, referencing a SC decision allowing new grounds if they involve legal questions from existing facts. en-us Tue, 10 Feb 2009 00:00:00 +0530 Mon, 30 Oct 2023 09:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151313 The Tribunal allowed the taxpayer's appeal for statistical purposes, directing the Assessing Officer/TPO to re-examine the provision for future losses and determine the correct profit margin. The Tribunal upheld the TPO's exclusion of Wellwin Industry Ltd. due to unreliable financial data and supported the approach of considering system integration as a single business unit for benchmarking. The taxpayer was permitted to raise the issue of future losses, referencing a SC decision allowing new grounds if they involve legal questions from existing facts. Case-Laws Income Tax Tue, 10 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151313