https://www.taxtmi.com/caselaws?id=280843 The High Court dismissed the Revenue's appeal, stating that no substantial question of law arises in the case. The Tribunal's directions included confining arm's length adjustment to the manufacturing segment, computing operating margin with forex gain/loss, providing proper working capital adjustment, re-examining treatment of royalty, excluding lease expenditure from operating margin, and re-adjudicating comparables based on functional dissimilarity. The Court referenced a previous judgment, highlighting that issues concerning comparables and filters do not warrant appeal under section 260A of the Act unless there is evident perversity in the Tribunal's findings. en-us Tue, 07 Aug 2018 00:00:00 +0530 Thu, 23 May 2019 06:32:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280843 The High Court dismissed the Revenue's appeal, stating that no substantial question of law arises in the case. The Tribunal's directions included confining arm's length adjustment to the manufacturing segment, computing operating margin with forex gain/loss, providing proper working capital adjustment, re-examining treatment of royalty, excluding lease expenditure from operating margin, and re-adjudicating comparables based on functional dissimilarity. The Court referenced a previous judgment, highlighting that issues concerning comparables and filters do not warrant appeal under section 260A of the Act unless there is evident perversity in the Tribunal's findings. Case-Laws Income Tax Tue, 07 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280843