https://www.taxtmi.com/caselaws?id=363166 The Supreme Court interpreted provisions of the Income Tax Act, emphasizing consistency in deductions from export and total turnover. Transfer Pricing adjustments excluded dissimilar comparables based on functional dissimilarities. Working capital adjustments were directed, stressing accurate adjustments in Transfer Pricing assessments. Regarding appeals, the Court highlighted the need for substantial legal questions to challenge Tribunal findings, dismissing the appeal by the Revenue for lacking such questions. en-us Thu, 28 Jun 2018 00:00:00 +0530 Mon, 09 Jul 2018 08:25:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363166 The Supreme Court interpreted provisions of the Income Tax Act, emphasizing consistency in deductions from export and total turnover. Transfer Pricing adjustments excluded dissimilar comparables based on functional dissimilarities. Working capital adjustments were directed, stressing accurate adjustments in Transfer Pricing assessments. Regarding appeals, the Court highlighted the need for substantial legal questions to challenge Tribunal findings, dismissing the appeal by the Revenue for lacking such questions. Case-Laws Income Tax Thu, 28 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363166