https://www.taxtmi.com/caselaws?id=366240 The ITAT partially allowed the appeal in a transfer pricing case involving a data processing company. The TPO's proposed Transfer Pricing Adjustment of Rs. 3,27,13,144/- was reduced to Rs. 3,19,42,549/-. The ITAT excluded several comparables due to functional dissimilarity and extraordinary activities, remanding the inclusion of two comparables for further verification. The disallowance under Section 14A was dismissed as not pressed, granting liberty to raise the issue in other assessment years if necessary. en-us Thu, 23 Aug 2018 00:00:00 +0530 Sat, 25 Aug 2018 13:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366240 The ITAT partially allowed the appeal in a transfer pricing case involving a data processing company. The TPO's proposed Transfer Pricing Adjustment of Rs. 3,27,13,144/- was reduced to Rs. 3,19,42,549/-. The ITAT excluded several comparables due to functional dissimilarity and extraordinary activities, remanding the inclusion of two comparables for further verification. The disallowance under Section 14A was dismissed as not pressed, granting liberty to raise the issue in other assessment years if necessary. Case-Laws Income Tax Thu, 23 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366240