https://www.taxtmi.com/caselaws?id=350636 The Tribunal directed the Transfer Pricing Officer to exclude Hindustan Syringes & Medical Devices Pvt. Ltd. and Pregna International Ltd. from the comparability analysis, grant working capital adjustment, include duty drawback and DEPB as operational income, consider foreign exchange fluctuations related to revenue transactions as operational items, and reject the risk adjustment due to insufficient quantifiable data. As a result, the appeal of the assessee was partly allowed. en-us Tue, 07 Nov 2017 00:00:00 +0530 Thu, 09 Nov 2017 08:12:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350636 The Tribunal directed the Transfer Pricing Officer to exclude Hindustan Syringes & Medical Devices Pvt. Ltd. and Pregna International Ltd. from the comparability analysis, grant working capital adjustment, include duty drawback and DEPB as operational income, consider foreign exchange fluctuations related to revenue transactions as operational items, and reject the risk adjustment due to insufficient quantifiable data. As a result, the appeal of the assessee was partly allowed. Case-Laws Income Tax Tue, 07 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350636