https://www.taxtmi.com/caselaws?id=253868 The Tribunal directed a reconsideration of certain comparables for transfer pricing adjustments, focusing on functional comparability and year-end differences. The matter was remanded for fresh consideration, including the benefit of the 5% range. The disallowance of foreign travel expenses was reduced to 10% due to business necessity. The appeal was partially allowed, providing relief to the assessee on multiple issues raised. en-us Thu, 18 Sep 2014 00:00:00 +0530 Sat, 06 Dec 2014 06:31:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253868 The Tribunal directed a reconsideration of certain comparables for transfer pricing adjustments, focusing on functional comparability and year-end differences. The matter was remanded for fresh consideration, including the benefit of the 5% range. The disallowance of foreign travel expenses was reduced to 10% due to business necessity. The appeal was partially allowed, providing relief to the assessee on multiple issues raised. Case-Laws Income Tax Thu, 18 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253868