https://www.taxtmi.com/caselaws?id=358824 The High Court found that the ITAT erred in including Modicare Limited as a comparable despite significant functional differences. The Court directed a re-examination of the inclusion of Modicare Limited, feasibility of adjustments for trading comparables, and appropriateness of the TNMM over the RPM. The appeal was allowed, and the parties were instructed to appear before the ITAT for further proceedings. en-us Tue, 10 Apr 2018 00:00:00 +0530 Thu, 19 Apr 2018 05:36:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358824 The High Court found that the ITAT erred in including Modicare Limited as a comparable despite significant functional differences. The Court directed a re-examination of the inclusion of Modicare Limited, feasibility of adjustments for trading comparables, and appropriateness of the TNMM over the RPM. The appeal was allowed, and the parties were instructed to appear before the ITAT for further proceedings. Case-Laws Income Tax Tue, 10 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358824