https://www.taxtmi.com/caselaws?id=264905 The Tribunal partially allowed the appeals, upholding the exclusion of two companies from the list of comparables due to related party transactions exceeding 25%. The case of the third company was sent back for further verification. The inclusion of a company with incomplete data was deemed acceptable initially but required verification by the Transfer Pricing Officer. The exclusion of a company with high abnormal profit was upheld, with the matter remitted for further evaluation, emphasizing adherence to transfer pricing regulations and fair assessment of comparables. en-us Fri, 28 Nov 2014 00:00:00 +0530 Sun, 04 Oct 2015 12:36:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264905 The Tribunal partially allowed the appeals, upholding the exclusion of two companies from the list of comparables due to related party transactions exceeding 25%. The case of the third company was sent back for further verification. The inclusion of a company with incomplete data was deemed acceptable initially but required verification by the Transfer Pricing Officer. The exclusion of a company with high abnormal profit was upheld, with the matter remitted for further evaluation, emphasizing adherence to transfer pricing regulations and fair assessment of comparables. Case-Laws Income Tax Fri, 28 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264905