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    <title>2013 (1) TMI 797 - ITAT MUMBAI</title>
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    <description>The Tribunal partly allowed the appeal, primarily in favor of the assessee on the issue of Transfer Pricing adjustments. The Tribunal found the comparables selected by the Transfer Pricing Officer were not appropriate, and the assessee&#039;s operating margin fell within an acceptable range. The issues concerning the validity of the notice and principles of natural justice were not specifically addressed as the primary issue was resolved in favor of the assessee. The levy of interest under sections 234B and 234C was considered consequential and did not require specific findings.</description>
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      <title>2013 (1) TMI 797 - ITAT MUMBAI</title>
      <link>https://www.taxtmi.com/caselaws?id=178003</link>
      <description>The Tribunal partly allowed the appeal, primarily in favor of the assessee on the issue of Transfer Pricing adjustments. The Tribunal found the comparables selected by the Transfer Pricing Officer were not appropriate, and the assessee&#039;s operating margin fell within an acceptable range. The issues concerning the validity of the notice and principles of natural justice were not specifically addressed as the primary issue was resolved in favor of the assessee. The levy of interest under sections 234B and 234C was considered consequential and did not require specific findings.</description>
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      <pubDate>Thu, 31 Jan 2013 00:00:00 +0530</pubDate>
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