https://www.taxtmi.com/caselaws?id=244715 The Tribunal allowed the appeal of the assessee, directing the TPO to exclude seven comparables identified as functionally different or affected by exceptional circumstances and to re-calculate the arm's length margin. The Tribunal found merit in the assessee's objections regarding the selection of comparables and upheld the exclusion of certain companies. Other issues raised by the assessee, such as deferred revenue expenses and risk allowance claim, were considered academic due to the exclusion of the comparables. The appeal was allowed, and the order was pronounced on 28th February 2014. en-us Fri, 28 Feb 2014 00:00:00 +0530 Thu, 06 Mar 2014 06:49:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244715 The Tribunal allowed the appeal of the assessee, directing the TPO to exclude seven comparables identified as functionally different or affected by exceptional circumstances and to re-calculate the arm's length margin. The Tribunal found merit in the assessee's objections regarding the selection of comparables and upheld the exclusion of certain companies. Other issues raised by the assessee, such as deferred revenue expenses and risk allowance claim, were considered academic due to the exclusion of the comparables. The appeal was allowed, and the order was pronounced on 28th February 2014. Case-Laws Income Tax Fri, 28 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244715