https://www.taxtmi.com/caselaws?id=259846 The Tribunal partially allowed the appeals, confirming the addition to income based on Transfer Pricing adjustments but reducing the original amount. It disregarded the Arms Length Price determined by the appellant and made adjustments to the list of comparables, excluding high turnover companies and including others. The disallowance under section 14A was deleted due to procedural deficiencies. The outcome addressed various issues under the Income Tax Act, resulting in a mixed decision for both the revenue and the assessee. en-us Wed, 13 May 2015 00:00:00 +0530 Sat, 23 May 2015 19:06:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259846 The Tribunal partially allowed the appeals, confirming the addition to income based on Transfer Pricing adjustments but reducing the original amount. It disregarded the Arms Length Price determined by the appellant and made adjustments to the list of comparables, excluding high turnover companies and including others. The disallowance under section 14A was deleted due to procedural deficiencies. The outcome addressed various issues under the Income Tax Act, resulting in a mixed decision for both the revenue and the assessee. Case-Laws Income Tax Wed, 13 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259846