https://www.taxtmi.com/caselaws?id=186906 The appeal involved a Transfer Pricing Adjustment of Rs. 1,11,51,669 by the Assessing Officer, based on international transactions. The Dispute Resolution Panel directed the inclusion of three companies in comparables. The Tribunal ruled in favor of the assessee, excluding the contested comparables - E-Infochips Bangalore Ltd., Kals Information Systems Ltd., and Tata Elxsi Ltd. The AO/TPO was directed to reassess the transfer pricing adjustment. The appeal was allowed for the assessee, with the order pronounced on 19.02.2016. en-us Fri, 19 Feb 2016 00:00:00 +0530 Tue, 04 Oct 2016 11:14:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186906 The appeal involved a Transfer Pricing Adjustment of Rs. 1,11,51,669 by the Assessing Officer, based on international transactions. The Dispute Resolution Panel directed the inclusion of three companies in comparables. The Tribunal ruled in favor of the assessee, excluding the contested comparables - E-Infochips Bangalore Ltd., Kals Information Systems Ltd., and Tata Elxsi Ltd. The AO/TPO was directed to reassess the transfer pricing adjustment. The appeal was allowed for the assessee, with the order pronounced on 19.02.2016. Case-Laws Income Tax Fri, 19 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186906