https://www.taxtmi.com/caselaws?id=386112 The Court upheld the Tribunal's decisions on transfer pricing adjustment, exclusion of a company from comparables, and the grant of risk adjustment. The Court emphasized that transfer pricing adjustments should be limited to international transactions with Associated Enterprises and cannot be done at the entity level. It also affirmed that companies can be excluded from comparables if there are functional dissimilarities. The Court found no merit in the Revenue's arguments and dismissed the appeal, stating that no substantial question of law arose from the issues raised. en-us Tue, 03 Sep 2019 00:00:00 +0530 Sat, 21 Sep 2019 17:40:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386112 The Court upheld the Tribunal's decisions on transfer pricing adjustment, exclusion of a company from comparables, and the grant of risk adjustment. The Court emphasized that transfer pricing adjustments should be limited to international transactions with Associated Enterprises and cannot be done at the entity level. It also affirmed that companies can be excluded from comparables if there are functional dissimilarities. The Court found no merit in the Revenue's arguments and dismissed the appeal, stating that no substantial question of law arose from the issues raised. Case-Laws Income Tax Tue, 03 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386112