https://www.taxtmi.com/caselaws?id=241847 The Tribunal partially allowed the appeal, making significant adjustments to the comparables list by excluding companies with significantly higher turnovers like Infosys and Wipro. Grounds 1 and 2 were not adjudicated or dismissed, while grounds 4 and 5 became irrelevant due to the decision on ground 3. The inclusion of reimbursement amounts in the profit level indicator was upheld. The overall transfer pricing adjustments were impacted by these decisions, with the order announced on April 25, 2013. en-us Thu, 25 Apr 2013 00:00:00 +0530 Thu, 02 Jan 2014 08:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241847 The Tribunal partially allowed the appeal, making significant adjustments to the comparables list by excluding companies with significantly higher turnovers like Infosys and Wipro. Grounds 1 and 2 were not adjudicated or dismissed, while grounds 4 and 5 became irrelevant due to the decision on ground 3. The inclusion of reimbursement amounts in the profit level indicator was upheld. The overall transfer pricing adjustments were impacted by these decisions, with the order announced on April 25, 2013. Case-Laws Income Tax Thu, 25 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241847