https://www.taxtmi.com/caselaws?id=361625 The Court dismissed the Revenue's contention regarding the application of profit margin of comparable entities for determining the Arms Length Price, citing previous decisions in favor of the Assessee. The Tribunal's consideration of adjusting the capacity utilization factor in determining the Arms Length Price was accepted, recognizing the impact of capacity utilization on profit margins. The issue of computing deductions yearwise under section 115JB of the Income Tax Act was admitted as a substantial legal question for further proceedings before the Tribunal. en-us Thu, 26 Apr 2018 00:00:00 +0530 Sat, 09 Jun 2018 17:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361625 The Court dismissed the Revenue's contention regarding the application of profit margin of comparable entities for determining the Arms Length Price, citing previous decisions in favor of the Assessee. The Tribunal's consideration of adjusting the capacity utilization factor in determining the Arms Length Price was accepted, recognizing the impact of capacity utilization on profit margins. The issue of computing deductions yearwise under section 115JB of the Income Tax Act was admitted as a substantial legal question for further proceedings before the Tribunal. Case-Laws Income Tax Thu, 26 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361625