https://www.taxtmi.com/caselaws?id=287411 The tribunal partially allowed the appeal challenging Transfer Pricing adjustments in international transactions. It directed the exclusion of certain comparables due to functional dissimilarities and lack of segmental information. The tribunal instructed the Transfer Pricing Officer to exclude KALS Information Systems Ltd. from comparables and reconsider the inclusion of Persistent Systems Ltd. and Thirdware Solutions Ltd. based on the assessee's arguments and relevant decisions. The appeal was partly allowed for statistical purposes. en-us Fri, 15 Jul 2016 00:00:00 +0530 Tue, 14 Apr 2020 11:11:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287411 The tribunal partially allowed the appeal challenging Transfer Pricing adjustments in international transactions. It directed the exclusion of certain comparables due to functional dissimilarities and lack of segmental information. The tribunal instructed the Transfer Pricing Officer to exclude KALS Information Systems Ltd. from comparables and reconsider the inclusion of Persistent Systems Ltd. and Thirdware Solutions Ltd. based on the assessee's arguments and relevant decisions. The appeal was partly allowed for statistical purposes. Case-Laws Income Tax Fri, 15 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287411