https://www.taxtmi.com/caselaws?id=267255 The Tribunal directed the Transfer Pricing Officer to recalculate the arithmetic mean of the remaining comparable companies and apply the required adjustment under Section 92C of the Income Tax Act. The appeal by the assessee was partially allowed, while the Revenue's appeal was rejected. The decision highlighted the significance of functional comparability and the proper application of filters in transfer pricing assessments. en-us Wed, 30 Sep 2015 00:00:00 +0530 Tue, 03 Nov 2015 06:16:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267255 The Tribunal directed the Transfer Pricing Officer to recalculate the arithmetic mean of the remaining comparable companies and apply the required adjustment under Section 92C of the Income Tax Act. The appeal by the assessee was partially allowed, while the Revenue's appeal was rejected. The decision highlighted the significance of functional comparability and the proper application of filters in transfer pricing assessments. Case-Laws Income Tax Wed, 30 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267255