https://www.taxtmi.com/caselaws?id=388845 The taxpayer's appeal was allowed for statistical purposes, directing the Transfer Pricing Officer (TPO) to reconsider certain issues afresh, allowing the taxpayer to present evidence. The Tribunal ordered the exclusion of certain comparables, including Mahindra Engineering Services Ltd., Mitcon Consultancy & Engg. Services Ltd., and HSCC (INDIA) Ltd., and the inclusion of others, subject to verification. The matter of risk adjustment was remanded for fresh consideration. The initiation of penalty proceedings under Section 271(l)(c) was not specifically addressed in the detailed analysis. en-us Tue, 19 Nov 2019 00:00:00 +0530 Mon, 25 Nov 2019 09:46:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388845 The taxpayer's appeal was allowed for statistical purposes, directing the Transfer Pricing Officer (TPO) to reconsider certain issues afresh, allowing the taxpayer to present evidence. The Tribunal ordered the exclusion of certain comparables, including Mahindra Engineering Services Ltd., Mitcon Consultancy & Engg. Services Ltd., and HSCC (INDIA) Ltd., and the inclusion of others, subject to verification. The matter of risk adjustment was remanded for fresh consideration. The initiation of penalty proceedings under Section 271(l)(c) was not specifically addressed in the detailed analysis. Case-Laws Income Tax Tue, 19 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388845