https://www.taxtmi.com/caselaws?id=392280 The appeal for AY 2010-11 was dismissed as withdrawn due to being filed after Revenue's appeal was dismissed. For AY 2011-12, the Tribunal excluded E-Infochips Ltd. from comparables due to its manufacturing activities, upheld the exclusion of five companies by CIT(A), and remanded the matter for fresh ALP determination. The judgment allowed both appeals for statistical purposes, emphasizing the need for a reasonable hearing and detailed assessment on appeal timelines, transfer pricing, and company comparability. en-us Fri, 14 Feb 2020 00:00:00 +0530 Sat, 15 Feb 2020 12:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392280 The appeal for AY 2010-11 was dismissed as withdrawn due to being filed after Revenue's appeal was dismissed. For AY 2011-12, the Tribunal excluded E-Infochips Ltd. from comparables due to its manufacturing activities, upheld the exclusion of five companies by CIT(A), and remanded the matter for fresh ALP determination. The judgment allowed both appeals for statistical purposes, emphasizing the need for a reasonable hearing and detailed assessment on appeal timelines, transfer pricing, and company comparability. Case-Laws Income Tax Fri, 14 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392280