https://www.taxtmi.com/caselaws?id=271556 The Tribunal allowed the appeal partly, directing the Transfer Pricing Officer to analyze the UK comparables chosen by the assessee for benchmarking international transactions. The decision emphasized the significance of considering the economic environment of the Permanent Establishment's location for Transfer Pricing purposes, supporting the use of UK comparables over Indian comparables due to the PE's costs being influenced by UK economic factors. en-us Fri, 18 Dec 2015 00:00:00 +0530 Tue, 09 Feb 2016 10:23:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271556 The Tribunal allowed the appeal partly, directing the Transfer Pricing Officer to analyze the UK comparables chosen by the assessee for benchmarking international transactions. The decision emphasized the significance of considering the economic environment of the Permanent Establishment's location for Transfer Pricing purposes, supporting the use of UK comparables over Indian comparables due to the PE's costs being influenced by UK economic factors. Case-Laws Income Tax Fri, 18 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271556