https://www.taxtmi.com/caselaws?id=361342 The tribunal upheld the adoption of the TNMM method by the TPO and DRP, considering significant operational differences. Gulf Oil Corporation Limited and Sah Petroleum Ltd. were deemed suitable comparables despite diversified activities. The tribunal directed adjustments for extraordinary costs in the first year and remanded the matter for re-adjudication. en-us Fri, 01 Jun 2018 00:00:00 +0530 Tue, 05 Jun 2018 18:26:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361342 The tribunal upheld the adoption of the TNMM method by the TPO and DRP, considering significant operational differences. Gulf Oil Corporation Limited and Sah Petroleum Ltd. were deemed suitable comparables despite diversified activities. The tribunal directed adjustments for extraordinary costs in the first year and remanded the matter for re-adjudication. Case-Laws Income Tax Fri, 01 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361342