https://www.taxtmi.com/caselaws?id=345884 The Tribunal partly allowed the appeals, directing the Transfer Pricing Officer (TPO) to reconsider the selection of comparables and make necessary adjustments for differences in functions, assets, and risks. The Tribunal emphasized adherence to statutory requirements under Rule 10B of the Income Tax Rules and rejected the argument for consistency based on previous years' mistakes. The appeals were remitted back to the TPO for compliance with the Tribunal's directions. en-us Fri, 24 Mar 2017 00:00:00 +0530 Sat, 29 Jul 2017 07:15:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345884 The Tribunal partly allowed the appeals, directing the Transfer Pricing Officer (TPO) to reconsider the selection of comparables and make necessary adjustments for differences in functions, assets, and risks. The Tribunal emphasized adherence to statutory requirements under Rule 10B of the Income Tax Rules and rejected the argument for consistency based on previous years' mistakes. The appeals were remitted back to the TPO for compliance with the Tribunal's directions. Case-Laws Income Tax Fri, 24 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345884