https://www.taxtmi.com/caselaws?id=281357 The appeal was partly allowed with specific directions for the exclusion and inclusion of certain companies as comparables, adjustments in the computation of operating profit margins, and treatment of outstanding receivables. The Tribunal upheld the rejection of the appellant's Transfer Pricing study and Internal Transactional Net Margin Method, while accepting and rejecting certain companies as comparables based on turnover and ownership of intangibles. The Tribunal directed the TPO to recompute the ALP of comparables within a specified margin range and reconsider the comparability of listed companies. en-us Fri, 15 Mar 2019 00:00:00 +0530 Sat, 15 Jun 2019 07:49:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281357 The appeal was partly allowed with specific directions for the exclusion and inclusion of certain companies as comparables, adjustments in the computation of operating profit margins, and treatment of outstanding receivables. The Tribunal upheld the rejection of the appellant's Transfer Pricing study and Internal Transactional Net Margin Method, while accepting and rejecting certain companies as comparables based on turnover and ownership of intangibles. The Tribunal directed the TPO to recompute the ALP of comparables within a specified margin range and reconsider the comparability of listed companies. Case-Laws Income Tax Fri, 15 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281357