https://www.taxtmi.com/caselaws?id=369630 The Revenue's appeal against the Assessment Order, which added an arm's length price of Rs. 11,96,61,358, was dismissed. The CIT(A) upheld the deletion of the transfer pricing addition after finding the TPO's comparables unsuitable for comparison and accepting the fresh benchmarking by the assessee. Additionally, the deletion of a provision for expenses amounting to Rs. 64,83,213 was partly allowed by the CIT(A), emphasizing the need to consider the entitlement under Section 10A for the assessee company. The judgment stressed the importance of proper comparables in transfer pricing analysis and addressing entitlement under Section 10A. en-us Mon, 29 Oct 2018 00:00:00 +0530 Wed, 31 Oct 2018 10:44:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369630 The Revenue's appeal against the Assessment Order, which added an arm's length price of Rs. 11,96,61,358, was dismissed. The CIT(A) upheld the deletion of the transfer pricing addition after finding the TPO's comparables unsuitable for comparison and accepting the fresh benchmarking by the assessee. Additionally, the deletion of a provision for expenses amounting to Rs. 64,83,213 was partly allowed by the CIT(A), emphasizing the need to consider the entitlement under Section 10A for the assessee company. The judgment stressed the importance of proper comparables in transfer pricing analysis and addressing entitlement under Section 10A. Case-Laws Income Tax Mon, 29 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369630