https://www.taxtmi.com/caselaws?id=178516 The appeal was partly allowed by the Tribunal. The Tribunal directed the AO/TPO to exclude closing stock from the total income calculation, remanding the matter for a correct operating profit margin determination. It also ruled that the average margin of comparables should only apply to transactions with associated enterprises. Additionally, the Tribunal allowed the deduction of PF and ESIC dues paid before the income tax return filing deadline. The judgment provided detailed analyses on transfer pricing adjustments, margin application, and dues disallowance, ensuring compliance with legal provisions and precedents. en-us Wed, 23 Jan 2013 00:00:00 +0530 Thu, 08 Jun 2017 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178516 The appeal was partly allowed by the Tribunal. The Tribunal directed the AO/TPO to exclude closing stock from the total income calculation, remanding the matter for a correct operating profit margin determination. It also ruled that the average margin of comparables should only apply to transactions with associated enterprises. Additionally, the Tribunal allowed the deduction of PF and ESIC dues paid before the income tax return filing deadline. The judgment provided detailed analyses on transfer pricing adjustments, margin application, and dues disallowance, ensuring compliance with legal provisions and precedents. Case-Laws Income Tax Wed, 23 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178516