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    <title>2016 (7) TMI 1326 - ITAT DELHI</title>
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    <description>The Tribunal partially allowed the appeal for statistical purposes, finding merit in the appellant&#039;s arguments concerning the selection and rejection of comparable companies and the application of segment results. The issues were remanded to the Transfer Pricing Officer for fresh adjudication, with instructions to consider the appellant&#039;s contentions and adhere to the Dispute Resolution Panel&#039;s directives. The Tribunal did not address the specific issues of interest charged under sections 234B and 234C or the initiation of penalty proceedings under section 271(1)(c).</description>
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      <link>https://www.taxtmi.com/caselaws?id=193511</link>
      <description>The Tribunal partially allowed the appeal for statistical purposes, finding merit in the appellant&#039;s arguments concerning the selection and rejection of comparable companies and the application of segment results. The issues were remanded to the Transfer Pricing Officer for fresh adjudication, with instructions to consider the appellant&#039;s contentions and adhere to the Dispute Resolution Panel&#039;s directives. The Tribunal did not address the specific issues of interest charged under sections 234B and 234C or the initiation of penalty proceedings under section 271(1)(c).</description>
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