https://www.taxtmi.com/caselaws?id=191077 The High Court of Andhra Pradesh dismissed the Revenue's appeal, upholding the Tribunal's decision regarding the exclusion of comparables with super normal profit under Indian Transfer Pricing regulations, the exclusion of a company due to lower employee cost, and the consideration of profit before depreciation and interest (PBDIT) as a profit level indicator for the assessment year 2005-06. The Chief Justice emphasized the necessity of consistency in decisions to ensure fairness and compliance with regulations in transfer pricing cases. en-us Wed, 16 Jul 2014 00:00:00 +0530 Mon, 20 Mar 2017 08:31:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191077 The High Court of Andhra Pradesh dismissed the Revenue's appeal, upholding the Tribunal's decision regarding the exclusion of comparables with super normal profit under Indian Transfer Pricing regulations, the exclusion of a company due to lower employee cost, and the consideration of profit before depreciation and interest (PBDIT) as a profit level indicator for the assessment year 2005-06. The Chief Justice emphasized the necessity of consistency in decisions to ensure fairness and compliance with regulations in transfer pricing cases. Case-Laws Income Tax Wed, 16 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191077