https://www.taxtmi.com/caselaws?id=198117 The Tribunal partially allowed both cross appeals, directing the AO/TPO to re-evaluate comparables and apply the +/- 5% variation as per section 92C(2). The Tribunal upheld the exclusion of GeefCee Finance Limited due to persistent losses and maintained the exclusion of four other comparables as they were not functionally similar to the Assessee. The Assessee's claim for risk adjustment was dismissed, emphasizing the need for substantiation with facts and figures. en-us Wed, 30 Oct 2013 00:00:00 +0530 Tue, 23 Jan 2018 15:53:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198117 The Tribunal partially allowed both cross appeals, directing the AO/TPO to re-evaluate comparables and apply the +/- 5% variation as per section 92C(2). The Tribunal upheld the exclusion of GeefCee Finance Limited due to persistent losses and maintained the exclusion of four other comparables as they were not functionally similar to the Assessee. The Assessee's claim for risk adjustment was dismissed, emphasizing the need for substantiation with facts and figures. Case-Laws Income Tax Wed, 30 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198117