https://www.taxtmi.com/caselaws?id=269213 The appeal was disposed of with directions for the Transfer Pricing Officer (TPO) and Assessing Officer (AO) to reconsider the Arm's Length Price (ALP) determination, excluding specific comparables as instructed. The tribunal affirmed the rejection of the risk adjustment and the imposition of interest under sections 234A, 234B, and 234D. The challenge regarding penalty proceedings under section 271(1)(c) was dismissed as not germane to the case's merits and set for separate consideration. en-us Mon, 07 Dec 2015 00:00:00 +0530 Thu, 10 Dec 2015 08:25:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269213 The appeal was disposed of with directions for the Transfer Pricing Officer (TPO) and Assessing Officer (AO) to reconsider the Arm's Length Price (ALP) determination, excluding specific comparables as instructed. The tribunal affirmed the rejection of the risk adjustment and the imposition of interest under sections 234A, 234B, and 234D. The challenge regarding penalty proceedings under section 271(1)(c) was dismissed as not germane to the case's merits and set for separate consideration. Case-Laws Income Tax Mon, 07 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269213