https://www.taxtmi.com/caselaws?id=189857 The High Court of Bombay dismissed the appeal challenging the Income Tax Appellate Tribunal's order for the Assessment Year 2007-08. The Court held that since the issue had been previously decided in a similar case for the Assessment Year 2005-06 and no substantial question of law was raised in the present appeal, the appeal was dismissed. The importance of thoroughly examining all relevant comparables in transfer pricing cases and raising substantial questions of law to effectively challenge tribunal decisions was underscored in the judgment. en-us Fri, 01 Jul 2016 00:00:00 +0530 Mon, 23 Jan 2017 17:46:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189857 The High Court of Bombay dismissed the appeal challenging the Income Tax Appellate Tribunal's order for the Assessment Year 2007-08. The Court held that since the issue had been previously decided in a similar case for the Assessment Year 2005-06 and no substantial question of law was raised in the present appeal, the appeal was dismissed. The importance of thoroughly examining all relevant comparables in transfer pricing cases and raising substantial questions of law to effectively challenge tribunal decisions was underscored in the judgment. Case-Laws Income Tax Fri, 01 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189857