https://www.taxtmi.com/caselaws?id=363643 The Tribunal partly allowed the appeal filed by the assessee, directing the Transfer Pricing Officer (TPO) to reconsider the comparability analysis and recompute the margins of the comparables after proper verification and providing necessary information to the assessee. The Tribunal emphasized the need for comparables to be similar in material aspects, considering the products/services characteristics, functions undertaken, assets used, and risks assumed. The Tribunal directed the exclusion of certain comparables and highlighted errors in the TPO's approach to filter selection and margin computation. en-us Thu, 12 Jul 2018 00:00:00 +0530 Mon, 16 Jul 2018 08:09:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363643 The Tribunal partly allowed the appeal filed by the assessee, directing the Transfer Pricing Officer (TPO) to reconsider the comparability analysis and recompute the margins of the comparables after proper verification and providing necessary information to the assessee. The Tribunal emphasized the need for comparables to be similar in material aspects, considering the products/services characteristics, functions undertaken, assets used, and risks assumed. The Tribunal directed the exclusion of certain comparables and highlighted errors in the TPO's approach to filter selection and margin computation. Case-Laws Income Tax Thu, 12 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363643