https://www.taxtmi.com/caselaws?id=265463 The Tribunal upheld the CIT(A)'s decision to allow a working capital adjustment, directing the Assessing Officer to verify calculations and complete the exercise within 45 days. As a result, the appeals by both the Revenue and the assessee were dismissed. Other issues raised by the assessee, such as the rejection of comparables, administrative expenses, risk adjustment, and tax considerations, were not specifically addressed due to the resolution of the working capital adjustment. en-us Wed, 08 Jul 2015 00:00:00 +0530 Wed, 25 Oct 2023 13:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265463 The Tribunal upheld the CIT(A)'s decision to allow a working capital adjustment, directing the Assessing Officer to verify calculations and complete the exercise within 45 days. As a result, the appeals by both the Revenue and the assessee were dismissed. Other issues raised by the assessee, such as the rejection of comparables, administrative expenses, risk adjustment, and tax considerations, were not specifically addressed due to the resolution of the working capital adjustment. Case-Laws Income Tax Wed, 08 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265463