https://www.taxtmi.com/caselaws?id=277053 The Tribunal upheld the inclusion of ICRA and IDCL as valid comparables for Transfer Pricing analysis, while excluding MOIAPL and NBAL. By recalculating the margin with the accepted comparables, the Tribunal found the assessee's margin to be within an acceptable range, leading to the deletion of the Transfer Pricing adjustment made by the Assessing Officer. Consequently, the Tribunal allowed the assessee's appeal, dismissed the Assessing Officer's appeal, and determined the Arm's Length Price in favor of the assessee with no adjustment required. en-us Wed, 04 Jan 2017 00:00:00 +0530 Thu, 22 Nov 2018 21:20:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277053 The Tribunal upheld the inclusion of ICRA and IDCL as valid comparables for Transfer Pricing analysis, while excluding MOIAPL and NBAL. By recalculating the margin with the accepted comparables, the Tribunal found the assessee's margin to be within an acceptable range, leading to the deletion of the Transfer Pricing adjustment made by the Assessing Officer. Consequently, the Tribunal allowed the assessee's appeal, dismissed the Assessing Officer's appeal, and determined the Arm's Length Price in favor of the assessee with no adjustment required. Case-Laws Income Tax Wed, 04 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277053