https://www.taxtmi.com/caselaws?id=289775 The Tribunal upheld the exclusion of certain companies from the list of comparables based on turnover criteria, favored the Assessee in transfer pricing cases, dismissed Revenue's appeal on foreign exchange gains treatment, clarified guidelines for working capital and risk adjustments, directed examination of related party transactions, and supported exclusion of a specific company as comparable. The High Court dismissed Revenue's appeal, emphasizing quick judicial decisions in international trade, criteria for invoking Section 260-A, and consistency in applying legal parameters to appeals. en-us Mon, 23 Jul 2018 00:00:00 +0530 Fri, 21 Aug 2020 09:57:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289775 The Tribunal upheld the exclusion of certain companies from the list of comparables based on turnover criteria, favored the Assessee in transfer pricing cases, dismissed Revenue's appeal on foreign exchange gains treatment, clarified guidelines for working capital and risk adjustments, directed examination of related party transactions, and supported exclusion of a specific company as comparable. The High Court dismissed Revenue's appeal, emphasizing quick judicial decisions in international trade, criteria for invoking Section 260-A, and consistency in applying legal parameters to appeals. Case-Laws Income Tax Mon, 23 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289775