https://www.taxtmi.com/caselaws?id=188828 The Tribunal partly allowed the Revenue's appeal by setting a 15% threshold for Related Party Transactions (RPT) in selecting comparables. It directed further investigation into abnormal profit margins and turnover comparisons, following the Maersk Global Centres case. The Tribunal upheld the exclusion of telecommunication and foreign currency expenses from total turnover, in line with the ACIT v. Tata Elxsi Ltd. decision. The judgment was pronounced on March 31, 2016. en-us Thu, 31 Mar 2016 00:00:00 +0530 Sat, 17 Dec 2016 12:53:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188828 The Tribunal partly allowed the Revenue's appeal by setting a 15% threshold for Related Party Transactions (RPT) in selecting comparables. It directed further investigation into abnormal profit margins and turnover comparisons, following the Maersk Global Centres case. The Tribunal upheld the exclusion of telecommunication and foreign currency expenses from total turnover, in line with the ACIT v. Tata Elxsi Ltd. decision. The judgment was pronounced on March 31, 2016. Case-Laws Income Tax Thu, 31 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188828