https://www.taxtmi.com/caselaws?id=284683 The tribunal partly allowed the assessee's appeal, directing the Transfer Pricing Officer (TPO) to exclude certain companies and include others for comparability analysis. Emphasis was placed on maintaining consistency with previous and subsequent years, ensuring functional comparability, and following a consistent approach in determining the Arm's Length Price (ALP). The TPO was instructed to reconsider the selection of comparables to address issues related to functional similarity and consistency. en-us Fri, 05 Aug 2016 00:00:00 +0530 Wed, 04 Dec 2019 10:17:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284683 The tribunal partly allowed the assessee's appeal, directing the Transfer Pricing Officer (TPO) to exclude certain companies and include others for comparability analysis. Emphasis was placed on maintaining consistency with previous and subsequent years, ensuring functional comparability, and following a consistent approach in determining the Arm's Length Price (ALP). The TPO was instructed to reconsider the selection of comparables to address issues related to functional similarity and consistency. Case-Laws Income Tax Fri, 05 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284683