https://www.taxtmi.com/caselaws?id=389475 The taxpayer's appeal was allowed for statistical purposes, directing the Assessing Officer/Transfer Pricing Officer to compute the Transfer Pricing adjustment accordingly. Various issues were raised, including the addition to total income for international transactions, determination of Arm's Length Price, selection of comparable companies, treatment of operating and non-operating items, and levy of interest and penalties. Specific judgments on comparables such as Wipro Limited, Maple Esolutions Ltd., and Triton Corp. Ltd. were discussed, with exclusions based on various factors like intangibles, financial irregularities, and functional dissimilarity. en-us Mon, 18 Nov 2019 00:00:00 +0530 Sat, 07 Dec 2019 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389475 The taxpayer's appeal was allowed for statistical purposes, directing the Assessing Officer/Transfer Pricing Officer to compute the Transfer Pricing adjustment accordingly. Various issues were raised, including the addition to total income for international transactions, determination of Arm's Length Price, selection of comparable companies, treatment of operating and non-operating items, and levy of interest and penalties. Specific judgments on comparables such as Wipro Limited, Maple Esolutions Ltd., and Triton Corp. Ltd. were discussed, with exclusions based on various factors like intangibles, financial irregularities, and functional dissimilarity. Case-Laws Income Tax Mon, 18 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389475