https://www.taxtmi.com/caselaws?id=359368 The High Court upheld the exclusion of Brescon Corporate Advisors Limited as a comparable for ALP determination, citing no error of law. It directed for the reconsideration of Keynote Corporate Services Ltd. due to unusual profitability and amalgamation impact. The Assessing Officer was instructed to address pending issues and emphasized the importance of FAR analysis in transfer pricing cases. The Court partially allowed the appeal, dismissing the appeals and addressing various related issues in detail. en-us Mon, 16 Apr 2018 00:00:00 +0530 Sat, 28 Apr 2018 07:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359368 The High Court upheld the exclusion of Brescon Corporate Advisors Limited as a comparable for ALP determination, citing no error of law. It directed for the reconsideration of Keynote Corporate Services Ltd. due to unusual profitability and amalgamation impact. The Assessing Officer was instructed to address pending issues and emphasized the importance of FAR analysis in transfer pricing cases. The Court partially allowed the appeal, dismissing the appeals and addressing various related issues in detail. Case-Laws Income Tax Mon, 16 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359368