https://www.taxtmi.com/caselaws?id=395322 The Tribunal partially allowed the appeals in a transfer pricing case, remanding several issues to the AO/TPO for further verification and computation. The Tribunal addressed issues related to transfer pricing adjustments, functional comparability, working capital adjustments, and deductions under section 10A. It upheld the exclusion of certain expenditures from export turnover, supported turnover criteria for comparables, and deemed an ad hoc risk adjustment computation inappropriate, directing a proper assessment. The Tribunal emphasized the need for detailed comparables data and adherence to legal provisions in determining arm's length prices. en-us Wed, 13 May 2020 00:00:00 +0530 Sat, 16 May 2020 12:26:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395322 The Tribunal partially allowed the appeals in a transfer pricing case, remanding several issues to the AO/TPO for further verification and computation. The Tribunal addressed issues related to transfer pricing adjustments, functional comparability, working capital adjustments, and deductions under section 10A. It upheld the exclusion of certain expenditures from export turnover, supported turnover criteria for comparables, and deemed an ad hoc risk adjustment computation inappropriate, directing a proper assessment. The Tribunal emphasized the need for detailed comparables data and adherence to legal provisions in determining arm's length prices. Case-Laws Income Tax Wed, 13 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395322