https://www.taxtmi.com/caselaws?id=292540 The Tribunal partially allowed both the revenue's and the assessee's appeals regarding the determination of the Arm's Length Price (ALP) for international transactions. It directed the inclusion of certain companies as comparables and upheld the exclusion of others based on functional dissimilarities and other relevant factors. Additionally, the Tribunal instructed the Assessing Officer to verify the risk differential adjustment claimed by the assessee, ensuring a fair determination of the ALP. en-us Wed, 05 Aug 2020 00:00:00 +0530 Wed, 30 Dec 2020 11:32:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292540 The Tribunal partially allowed both the revenue's and the assessee's appeals regarding the determination of the Arm's Length Price (ALP) for international transactions. It directed the inclusion of certain companies as comparables and upheld the exclusion of others based on functional dissimilarities and other relevant factors. Additionally, the Tribunal instructed the Assessing Officer to verify the risk differential adjustment claimed by the assessee, ensuring a fair determination of the ALP. Case-Laws Income Tax Wed, 05 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292540