https://www.taxtmi.com/caselaws?id=187811 The Tribunal allowed the appeal filed by the assessee, excluding certain comparables selected by the Transfer Pricing Officer. By excluding these comparables, the profit margin fell within the permissible range, eliminating the need for an upward adjustment. The Tribunal held that comparables with different accounting years and software development service providers could not be valid comparables. As a result, the appeal was allowed, and the additional ground was permitted for statistical purposes. en-us Mon, 18 May 2015 00:00:00 +0530 Tue, 08 Nov 2016 10:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187811 The Tribunal allowed the appeal filed by the assessee, excluding certain comparables selected by the Transfer Pricing Officer. By excluding these comparables, the profit margin fell within the permissible range, eliminating the need for an upward adjustment. The Tribunal held that comparables with different accounting years and software development service providers could not be valid comparables. As a result, the appeal was allowed, and the additional ground was permitted for statistical purposes. Case-Laws Income Tax Mon, 18 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187811