https://www.taxtmi.com/caselaws?id=235541 The Tribunal dismissed the revenue's appeals regarding adjustments made by the Transfer Pricing Officer for assessment years 2004-05 and 2005-06. The Tribunal found that the comparables selected were not functionally comparable to the services provided by the respondent, leading to the dismissal of cross objections. The Tribunal concluded that the adjustments and additions were unsustainable due to the clear distinction between the marketing services of the respondent and the engineering services of the comparables. Consequently, the appeals were dismissed as no legal questions arose, based on the lack of functional comparability. en-us Wed, 29 May 2013 00:00:00 +0530 Fri, 31 Jan 2014 13:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235541 The Tribunal dismissed the revenue's appeals regarding adjustments made by the Transfer Pricing Officer for assessment years 2004-05 and 2005-06. The Tribunal found that the comparables selected were not functionally comparable to the services provided by the respondent, leading to the dismissal of cross objections. The Tribunal concluded that the adjustments and additions were unsustainable due to the clear distinction between the marketing services of the respondent and the engineering services of the comparables. Consequently, the appeals were dismissed as no legal questions arose, based on the lack of functional comparability. Case-Laws Income Tax Wed, 29 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235541