https://www.taxtmi.com/caselaws?id=196366 The ITAT dismissed the revenue's appeal and allowed the assessee's appeal for statistical purposes. The ITAT emphasized the importance of functional comparability and the impact of depreciation on operating results, directing the AO to adjust the ALP calculation based on these considerations. The ITAT also upheld the application of the 5% tolerance margin, ensuring a fair determination of the ALP. en-us Fri, 20 Nov 2015 00:00:00 +0530 Tue, 28 Nov 2017 21:25:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196366 The ITAT dismissed the revenue's appeal and allowed the assessee's appeal for statistical purposes. The ITAT emphasized the importance of functional comparability and the impact of depreciation on operating results, directing the AO to adjust the ALP calculation based on these considerations. The ITAT also upheld the application of the 5% tolerance margin, ensuring a fair determination of the ALP. Case-Laws Income Tax Fri, 20 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196366