https://www.taxtmi.com/caselaws?id=279971 The appellant's appeal regarding upward Transfer Pricing (TP) adjustment for the export of foot care products was partly allowed. The Tribunal directed the Transfer Pricing Officer (TPO) to reconsider financials for a full 12-month period, recast financials for proper comparison, adopt segmental margins of comparable companies, allow the benefit of the +/-5% range, and grant a 1% risk adjustment towards Research and Development. The issue of setting off carried forward losses was not explicitly resolved in the judgment. en-us Wed, 24 Aug 2016 00:00:00 +0530 Mon, 15 Apr 2019 06:09:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279971 The appellant's appeal regarding upward Transfer Pricing (TP) adjustment for the export of foot care products was partly allowed. The Tribunal directed the Transfer Pricing Officer (TPO) to reconsider financials for a full 12-month period, recast financials for proper comparison, adopt segmental margins of comparable companies, allow the benefit of the +/-5% range, and grant a 1% risk adjustment towards Research and Development. The issue of setting off carried forward losses was not explicitly resolved in the judgment. Case-Laws Income Tax Wed, 24 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279971