https://www.taxtmi.com/caselaws?id=285287 The Tribunal allowed the assessee's appeal regarding the transfer pricing adjustment for Assessment Year 2011-2012. It rejected the comparables selected by the revenue, including Ladderup, and directed the inclusion of comparables proposed by the assessee, ICRA Management Consulting Ltd. and IDC Ltd., due to functional similarity. The Tribunal remanded the matter for income re-computation based on the revised comparables, ultimately leading to a favorable outcome for the assessee. en-us Fri, 09 Feb 2018 00:00:00 +0530 Mon, 06 Jan 2020 20:14:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285287 The Tribunal allowed the assessee's appeal regarding the transfer pricing adjustment for Assessment Year 2011-2012. It rejected the comparables selected by the revenue, including Ladderup, and directed the inclusion of comparables proposed by the assessee, ICRA Management Consulting Ltd. and IDC Ltd., due to functional similarity. The Tribunal remanded the matter for income re-computation based on the revised comparables, ultimately leading to a favorable outcome for the assessee. Case-Laws Income Tax Fri, 09 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285287