https://www.taxtmi.com/caselaws?id=192178 The court upheld the exclusion of certain comparables in the transfer pricing exercise for the Assessment Year 2010-2011, finding the decision reasonable and compliant with the Safe Harbour Provision. The appeal was dismissed as no questions of law were identified, emphasizing the importance of justifying comparables' exclusion or inclusion in transfer pricing assessments and the adherence to regulatory provisions for determining permissible margin variations. The judgment underscores the significance of thorough analysis and compliance with established guidelines in transfer pricing exercises to ensure fairness and legal compliance. en-us Wed, 19 Oct 2016 00:00:00 +0530 Thu, 18 May 2017 07:26:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192178 The court upheld the exclusion of certain comparables in the transfer pricing exercise for the Assessment Year 2010-2011, finding the decision reasonable and compliant with the Safe Harbour Provision. The appeal was dismissed as no questions of law were identified, emphasizing the importance of justifying comparables' exclusion or inclusion in transfer pricing assessments and the adherence to regulatory provisions for determining permissible margin variations. The judgment underscores the significance of thorough analysis and compliance with established guidelines in transfer pricing exercises to ensure fairness and legal compliance. Case-Laws Income Tax Wed, 19 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192178