https://www.taxtmi.com/caselaws?id=196160 The Tribunal partly allowed the appeal, directing the Transfer Pricing Officer/Assessing Officer to redetermine the arm's length price of the international transactions undertaken by the appellant. The Tribunal focused on the appropriateness of comparables selected for benchmarking, excluding certain companies and verifying segmental data. The Tribunal upheld the apportionment of expenses to the STP unit but did not delve into detailed discussions on other issues raised by the appellant, such as tax holidays, interest levies, and penalty proceedings. en-us Wed, 18 May 2016 00:00:00 +0530 Tue, 21 Nov 2017 08:40:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196160 The Tribunal partly allowed the appeal, directing the Transfer Pricing Officer/Assessing Officer to redetermine the arm's length price of the international transactions undertaken by the appellant. The Tribunal focused on the appropriateness of comparables selected for benchmarking, excluding certain companies and verifying segmental data. The Tribunal upheld the apportionment of expenses to the STP unit but did not delve into detailed discussions on other issues raised by the appellant, such as tax holidays, interest levies, and penalty proceedings. Case-Laws Income Tax Wed, 18 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196160