https://www.taxtmi.com/caselaws?id=348894 The appeal was partly allowed for statistical purposes, with several issues remanded for fresh consideration and others decided based on existing legal precedents. The Tribunal emphasized the need for detailed functional analysis and consistency in the application of transfer pricing principles. The final assessment order was challenged and adjustments made in transfer pricing and corporate tax matters were upheld, with certain comparable companies excluded or remanded for further examination. Corporate tax issues regarding director's remuneration allocation were remanded, and penalty proceedings were deemed premature while interest issues were dismissed as infructuous. en-us Mon, 04 Sep 2017 00:00:00 +0530 Tue, 03 Oct 2017 06:34:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348894 The appeal was partly allowed for statistical purposes, with several issues remanded for fresh consideration and others decided based on existing legal precedents. The Tribunal emphasized the need for detailed functional analysis and consistency in the application of transfer pricing principles. The final assessment order was challenged and adjustments made in transfer pricing and corporate tax matters were upheld, with certain comparable companies excluded or remanded for further examination. Corporate tax issues regarding director's remuneration allocation were remanded, and penalty proceedings were deemed premature while interest issues were dismissed as infructuous. Case-Laws Income Tax Mon, 04 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348894