https://www.taxtmi.com/caselaws?id=193089 The Tribunal partly allowed the appeal, directing the Assessing Officer/Transfer Pricing Officer to exclude certain companies from the list of comparables, reconsider the computation of operating profit to cost ratio, refrain from making negative working capital adjustments, exclude costs incurred for third-party services in TP analysis, apply the proviso to Section 92C(2) of the Act, and grant full Tax Deducted at Source credit as claimed by the assessee. The AO/TPO were instructed to rework the TP adjustments and TDS credit in line with the Tribunal's directions. en-us Fri, 22 Jan 2016 00:00:00 +0530 Thu, 13 Jul 2017 07:31:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193089 The Tribunal partly allowed the appeal, directing the Assessing Officer/Transfer Pricing Officer to exclude certain companies from the list of comparables, reconsider the computation of operating profit to cost ratio, refrain from making negative working capital adjustments, exclude costs incurred for third-party services in TP analysis, apply the proviso to Section 92C(2) of the Act, and grant full Tax Deducted at Source credit as claimed by the assessee. The AO/TPO were instructed to rework the TP adjustments and TDS credit in line with the Tribunal's directions. Case-Laws Income Tax Fri, 22 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193089