https://www.taxtmi.com/caselaws?id=263043 The Tribunal partly allowed the appeal, directing the inclusion of EDCIL (India) Ltd. and ICRA Management Consulting Services Ltd. as comparables for determining the arm's length price (ALP) and excluding three rejected companies. The Assessing Officer was directed to grant credit for the advance tax paid by the assessee after verification. The Transfer Pricing Officer was to recalculate the final arithmetic mean for the selected comparables to determine the ALP. en-us Wed, 21 Nov 2012 00:00:00 +0530 Wed, 26 Aug 2015 10:11:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263043 The Tribunal partly allowed the appeal, directing the inclusion of EDCIL (India) Ltd. and ICRA Management Consulting Services Ltd. as comparables for determining the arm's length price (ALP) and excluding three rejected companies. The Assessing Officer was directed to grant credit for the advance tax paid by the assessee after verification. The Transfer Pricing Officer was to recalculate the final arithmetic mean for the selected comparables to determine the ALP. Case-Laws Income Tax Wed, 21 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263043