https://www.taxtmi.com/caselaws?id=260672 The Tribunal partly allowed the appeal, remitting the matter to the Transfer Pricing Officer (TPO) for a fresh determination of the Arm's Length Price (ALP) of the international transaction of 'Export of finished goods' in accordance with its observations. The Tribunal disagreed with the adjustment made to the assessee's profit margin and directed adjustments to be made to the comparables' profit margins instead. Additionally, the Tribunal directed the inclusion of one comparable company in the final set of comparables and ordered the deletion of an ad hoc disallowance of expenses made by the Assessing Officer. en-us Wed, 10 Jun 2015 00:00:00 +0530 Sat, 20 Jun 2015 05:50:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260672 The Tribunal partly allowed the appeal, remitting the matter to the Transfer Pricing Officer (TPO) for a fresh determination of the Arm's Length Price (ALP) of the international transaction of 'Export of finished goods' in accordance with its observations. The Tribunal disagreed with the adjustment made to the assessee's profit margin and directed adjustments to be made to the comparables' profit margins instead. Additionally, the Tribunal directed the inclusion of one comparable company in the final set of comparables and ordered the deletion of an ad hoc disallowance of expenses made by the Assessing Officer. Case-Laws Income Tax Wed, 10 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260672