https://www.taxtmi.com/caselaws?id=394701 The Tribunal partially allowed the appeal of Lockheed Martin India Pvt Limited by directing the exclusion of certain comparables, reconsideration of others based on segmental data, and treating forex gain/loss, bank charges, and provision for doubtful debts as operating items. The Tribunal affirmed the assessee's entitlement to risk adjustment due to operating in a low-risk environment with a cost-plus business model. The order was pronounced on 07.02.2020. en-us Fri, 07 Feb 2020 00:00:00 +0530 Wed, 22 Apr 2020 10:40:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394701 The Tribunal partially allowed the appeal of Lockheed Martin India Pvt Limited by directing the exclusion of certain comparables, reconsideration of others based on segmental data, and treating forex gain/loss, bank charges, and provision for doubtful debts as operating items. The Tribunal affirmed the assessee's entitlement to risk adjustment due to operating in a low-risk environment with a cost-plus business model. The order was pronounced on 07.02.2020. Case-Laws Income Tax Fri, 07 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394701