https://www.taxtmi.com/caselaws?id=284733 The Tribunal partly allowed the taxpayer's appeal by directing the Transfer Pricing Officer (TPO) to make adjustments for capacity utilization, customs duty, and working capital/risk differences. Several comparables selected by the TPO were excluded, and the restriction of transfer pricing adjustment to the value of consumed materials was upheld. The appeal was allowed for statistical purposes, with specific directions for re-evaluation by the TPO. en-us Thu, 30 May 2019 00:00:00 +0530 Sat, 07 Dec 2019 10:34:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284733 The Tribunal partly allowed the taxpayer's appeal by directing the Transfer Pricing Officer (TPO) to make adjustments for capacity utilization, customs duty, and working capital/risk differences. Several comparables selected by the TPO were excluded, and the restriction of transfer pricing adjustment to the value of consumed materials was upheld. The appeal was allowed for statistical purposes, with specific directions for re-evaluation by the TPO. Case-Laws Income Tax Thu, 30 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284733