https://www.taxtmi.com/caselaws?id=267257 The Tribunal partly allowed both the assessee's and Revenue's appeals in a transfer pricing case. The Tribunal directed the re-examination of the Most Appropriate Method (MAM) for Transfer Pricing, application of filters for comparables, inclusion/exclusion of specific comparable companies, and working capital and risk adjustment. It upheld the exclusion of companies with related party transactions exceeding 15% and turnover filters. The Tribunal dismissed the application of the +/- 5% range as per Section 92C(2) and did not address the levy of interest under Sections 234B and 234D specifically. en-us Mon, 05 Oct 2015 00:00:00 +0530 Tue, 03 Nov 2015 06:16:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267257 The Tribunal partly allowed both the assessee's and Revenue's appeals in a transfer pricing case. The Tribunal directed the re-examination of the Most Appropriate Method (MAM) for Transfer Pricing, application of filters for comparables, inclusion/exclusion of specific comparable companies, and working capital and risk adjustment. It upheld the exclusion of companies with related party transactions exceeding 15% and turnover filters. The Tribunal dismissed the application of the +/- 5% range as per Section 92C(2) and did not address the levy of interest under Sections 234B and 234D specifically. Case-Laws Income Tax Mon, 05 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267257