https://www.taxtmi.com/caselaws?id=191729 The Tribunal directed the Transfer Pricing Officer to investigate the merger status of a comparable company and remitted the issue for fresh consideration. Another comparable company was excluded due to differences in services offered. Regarding disallowance under section 14A with Rule 8D, the Tribunal directed reevaluation to ensure disallowance does not exceed exempt income earned. The Assessee's appeals were partly allowed for statistical purposes, with specific directions for reconsideration based on legal principles and precedents, reflecting a balanced and judicious approach in resolving the issues. en-us Wed, 06 Jan 2016 00:00:00 +0530 Fri, 14 Apr 2017 18:33:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191729 The Tribunal directed the Transfer Pricing Officer to investigate the merger status of a comparable company and remitted the issue for fresh consideration. Another comparable company was excluded due to differences in services offered. Regarding disallowance under section 14A with Rule 8D, the Tribunal directed reevaluation to ensure disallowance does not exceed exempt income earned. The Assessee's appeals were partly allowed for statistical purposes, with specific directions for reconsideration based on legal principles and precedents, reflecting a balanced and judicious approach in resolving the issues. Case-Laws Income Tax Wed, 06 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191729