https://www.taxtmi.com/caselaws?id=363162 The Supreme Court dismissed the appeal under section 260A of the Income Tax Act, 1961, for the assessment year 2004-2005. It emphasized the importance of consistency in excluding certain expenses from export and total turnover to align with legislative intent. The Court upheld the Tribunal's decisions on Transfer Pricing, including the exclusion of a company with high brand value and the inclusion of a comparable company without persistent losses. The appeal was dismissed as it did not raise substantial questions of law, highlighting the significance of maintaining consistency in applying parameters in tax cases. en-us Thu, 28 Jun 2018 00:00:00 +0530 Mon, 09 Jul 2018 08:25:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363162 The Supreme Court dismissed the appeal under section 260A of the Income Tax Act, 1961, for the assessment year 2004-2005. It emphasized the importance of consistency in excluding certain expenses from export and total turnover to align with legislative intent. The Court upheld the Tribunal's decisions on Transfer Pricing, including the exclusion of a company with high brand value and the inclusion of a comparable company without persistent losses. The appeal was dismissed as it did not raise substantial questions of law, highlighting the significance of maintaining consistency in applying parameters in tax cases. Case-Laws Income Tax Thu, 28 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363162