https://www.taxtmi.com/caselaws?id=192119 The ITAT allowed the appeal of the assessee, directing the TPO to reexamine certain comparables, reconsider working capital and risk adjustments, and verify the claim for liquidated damages. The ITAT emphasized the need for functional comparability and adherence to judicial precedents in determining the ALP. The appeal was allowed for statistical purposes, with specific directions for the TPO and AO to follow. en-us Wed, 24 Aug 2016 00:00:00 +0530 Mon, 15 May 2017 05:46:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192119 The ITAT allowed the appeal of the assessee, directing the TPO to reexamine certain comparables, reconsider working capital and risk adjustments, and verify the claim for liquidated damages. The ITAT emphasized the need for functional comparability and adherence to judicial precedents in determining the ALP. The appeal was allowed for statistical purposes, with specific directions for the TPO and AO to follow. Case-Laws Income Tax Wed, 24 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192119