https://www.taxtmi.com/caselaws?id=373574 The Tribunal upheld the CIT(A)'s decision to exclude certain companies from the list of comparables for Transfer Pricing analysis due to high turnover, brand value, and functional differences. The Tribunal emphasized the importance of comparability based on similar functions and economic conditions, dismissing the Revenue's appeal. The decision affirmed the principle of comparing like with like, with the appeal being dismissed on 11th January 2019. en-us Fri, 11 Jan 2019 00:00:00 +0530 Wed, 16 Jan 2019 09:56:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373574 The Tribunal upheld the CIT(A)'s decision to exclude certain companies from the list of comparables for Transfer Pricing analysis due to high turnover, brand value, and functional differences. The Tribunal emphasized the importance of comparability based on similar functions and economic conditions, dismissing the Revenue's appeal. The decision affirmed the principle of comparing like with like, with the appeal being dismissed on 11th January 2019. Case-Laws Income Tax Fri, 11 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373574