https://www.taxtmi.com/caselaws?id=337957 The High Court affirmed the Tax Appellate Tribunal's decision to include Santogen Exports Ltd. and Vanasthali Textile Industries in the list of comparables for transfer pricing analysis, emphasizing the need for a comprehensive analysis before exclusion based solely on current-year losses. Additionally, the Court upheld the Tribunal's inclusion of DEPB benefit in operating profit and depreciation in total costs for accurate transfer pricing analysis, stressing the importance of consistency in treatment. The appeal was dismissed, with the Court finding no substantial question of law in the issues raised. en-us Fri, 06 Jan 2017 00:00:00 +0530 Thu, 06 Aug 2026 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337957 The High Court affirmed the Tax Appellate Tribunal's decision to include Santogen Exports Ltd. and Vanasthali Textile Industries in the list of comparables for transfer pricing analysis, emphasizing the need for a comprehensive analysis before exclusion based solely on current-year losses. Additionally, the Court upheld the Tribunal's inclusion of DEPB benefit in operating profit and depreciation in total costs for accurate transfer pricing analysis, stressing the importance of consistency in treatment. The appeal was dismissed, with the Court finding no substantial question of law in the issues raised. Case-Laws Income Tax Fri, 06 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337957