https://www.taxtmi.com/caselaws?id=253198 The tribunal allowed the Assessee's appeal for statistical purposes and dismissed the Revenue's appeal regarding transfer pricing adjustments made by the AO/TPO. The tribunal upheld the increase in the risk adjustment percentage from 0.5% to 1% and directed the AO to re-examine the inclusion of domestic expenditure for proper verification. Additionally, the tribunal clarified that the Assessee should benefit from the range of +/- 5% without a separate claim and directed a re-examination of the margin computation of a comparable company. The exclusion of Zen Technologies Ltd. as a comparable company was upheld due to its functional differences. en-us Mon, 13 Oct 2014 00:00:00 +0530 Tue, 17 Feb 2015 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253198 The tribunal allowed the Assessee's appeal for statistical purposes and dismissed the Revenue's appeal regarding transfer pricing adjustments made by the AO/TPO. The tribunal upheld the increase in the risk adjustment percentage from 0.5% to 1% and directed the AO to re-examine the inclusion of domestic expenditure for proper verification. Additionally, the tribunal clarified that the Assessee should benefit from the range of +/- 5% without a separate claim and directed a re-examination of the margin computation of a comparable company. The exclusion of Zen Technologies Ltd. as a comparable company was upheld due to its functional differences. Case-Laws Income Tax Mon, 13 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253198