https://www.taxtmi.com/caselaws?id=242676 The Tribunal remitted the case back to the Assessing Officer for fresh adjudication, emphasizing the need for a thorough examination of comparables selected for transfer pricing. It highlighted the importance of objectivity and consistency in the selection process, stressing the necessity for all comparables to undergo rigorous scrutiny. The lack of transparency in selection and the importance of maintaining consistency in income tax proceedings were underscored. The appeal was allowed for statistical purposes, rendering other issues raised in the appeal moot. en-us Fri, 28 Jun 2013 00:00:00 +0530 Sun, 19 Jan 2014 16:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242676 The Tribunal remitted the case back to the Assessing Officer for fresh adjudication, emphasizing the need for a thorough examination of comparables selected for transfer pricing. It highlighted the importance of objectivity and consistency in the selection process, stressing the necessity for all comparables to undergo rigorous scrutiny. The lack of transparency in selection and the importance of maintaining consistency in income tax proceedings were underscored. The appeal was allowed for statistical purposes, rendering other issues raised in the appeal moot. Case-Laws Income Tax Fri, 28 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242676