https://www.taxtmi.com/caselaws?id=236108 The Tribunal partly allowed the Revenue's appeal, reversing the CIT(A)'s decision on the +/- 5% adjustment under section 92C(2) due to having only one comparable. However, the Tribunal upheld the decisions on the selection of comparables, capacity utilization adjustment, application of Profit Level Indicator (PLI), and adjustments for excise duty and book profit computation under section 115JB in favor of the assessee. en-us Wed, 24 Jul 2013 00:00:00 +0530 Wed, 14 Aug 2013 13:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236108 The Tribunal partly allowed the Revenue's appeal, reversing the CIT(A)'s decision on the +/- 5% adjustment under section 92C(2) due to having only one comparable. However, the Tribunal upheld the decisions on the selection of comparables, capacity utilization adjustment, application of Profit Level Indicator (PLI), and adjustments for excise duty and book profit computation under section 115JB in favor of the assessee. Case-Laws Income Tax Wed, 24 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236108