https://www.taxtmi.com/caselaws?id=177197 The Tribunal partly allowed the appeal by deleting disallowances related to transaction charges, lease line charges, loss on error trades, depreciation on motor car, club entrance fees, subscription charges, and client entertainment expenses. It directed the recomputation of transfer pricing adjustments for broking services and merchant banking services, emphasizing the importance of functional comparability and appropriate benchmarking methods in transfer pricing cases. en-us Wed, 22 Jul 2015 00:00:00 +0530 Tue, 20 Dec 2022 11:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177197 The Tribunal partly allowed the appeal by deleting disallowances related to transaction charges, lease line charges, loss on error trades, depreciation on motor car, club entrance fees, subscription charges, and client entertainment expenses. It directed the recomputation of transfer pricing adjustments for broking services and merchant banking services, emphasizing the importance of functional comparability and appropriate benchmarking methods in transfer pricing cases. Case-Laws Income Tax Wed, 22 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177197