https://www.taxtmi.com/caselaws?id=363072 The appeal filed by the Revenue under section 260A of the Income Tax Act, 1961 challenging Transfer Pricing adjustments for A.Y. 2010-11 was dismissed by the Tribunal. The Tribunal upheld its decision on excluding certain comparables due to functional dissimilarity and non-operating expenses, while including others based on relevant case laws. The treatment of expenses and bad debts provision as non-operating and operating, respectively, was supported. The judgment emphasized the importance of factual findings in Transfer Pricing matters and dismissed the appeal for lack of substantial legal questions. en-us Thu, 28 Jun 2018 00:00:00 +0530 Sat, 07 Jul 2018 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363072 The appeal filed by the Revenue under section 260A of the Income Tax Act, 1961 challenging Transfer Pricing adjustments for A.Y. 2010-11 was dismissed by the Tribunal. The Tribunal upheld its decision on excluding certain comparables due to functional dissimilarity and non-operating expenses, while including others based on relevant case laws. The treatment of expenses and bad debts provision as non-operating and operating, respectively, was supported. The judgment emphasized the importance of factual findings in Transfer Pricing matters and dismissed the appeal for lack of substantial legal questions. Case-Laws Income Tax Thu, 28 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363072