https://www.taxtmi.com/caselaws?id=383384 The Tribunal dismissed the assessee's Miscellaneous Application seeking rectification of the order, emphasizing the finality of its findings on comparability analysis and the application of the arm's length principle. The Tribunal clarified references to previous cases and upheld its decision to exclude a company as comparable due to functional dissimilarity, highlighting that no mistake was apparent on record. The Tribunal concluded that it lacked the power to review its own order under section 254(2) of the Income Tax Act, ultimately partly allowing the Miscellaneous Application. en-us Wed, 17 Jul 2019 00:00:00 +0530 Tue, 23 Jul 2019 07:07:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383384 The Tribunal dismissed the assessee's Miscellaneous Application seeking rectification of the order, emphasizing the finality of its findings on comparability analysis and the application of the arm's length principle. The Tribunal clarified references to previous cases and upheld its decision to exclude a company as comparable due to functional dissimilarity, highlighting that no mistake was apparent on record. The Tribunal concluded that it lacked the power to review its own order under section 254(2) of the Income Tax Act, ultimately partly allowing the Miscellaneous Application. Case-Laws Income Tax Wed, 17 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383384