https://www.taxtmi.com/caselaws?id=285906 The Tribunal allowed the Assessee's appeal, directing the exclusion of four comparable companies due to incomparability and permitting the working capital adjustment as initially computed by the Transfer Pricing Officer. The Tribunal emphasized that comparability is based on functions, assets, and risks, not profit margins, and highlighted the importance of making reasonable adjustments to ensure comparability in transfer pricing analysis. en-us Wed, 31 Oct 2018 00:00:00 +0530 Mon, 06 Apr 2026 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285906 The Tribunal allowed the Assessee's appeal, directing the exclusion of four comparable companies due to incomparability and permitting the working capital adjustment as initially computed by the Transfer Pricing Officer. The Tribunal emphasized that comparability is based on functions, assets, and risks, not profit margins, and highlighted the importance of making reasonable adjustments to ensure comparability in transfer pricing analysis. Case-Laws Income Tax Wed, 31 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285906