https://www.taxtmi.com/caselaws?id=382328 The Tribunal partly allowed the appeal, directing adjustments in the selection of comparable companies and depreciation claim while upholding the disallowance of repairs and maintenance expenses due to lack of supporting evidence. The judgment emphasized the importance of complying with DRP's directions and considering industry-specific factors in selecting comparable companies for benchmarking international transactions. en-us Thu, 27 Jun 2019 00:00:00 +0530 Mon, 01 Jul 2019 07:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382328 The Tribunal partly allowed the appeal, directing adjustments in the selection of comparable companies and depreciation claim while upholding the disallowance of repairs and maintenance expenses due to lack of supporting evidence. The judgment emphasized the importance of complying with DRP's directions and considering industry-specific factors in selecting comparable companies for benchmarking international transactions. Case-Laws Income Tax Thu, 27 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382328