https://www.taxtmi.com/caselaws?id=404654 The appeal was partly allowed, with several issues remitted back for fresh examination and determination. The Tribunal provided detailed guidance on the application of transfer pricing rules and the treatment of specific expenses and revenues. The Tribunal directed that transfer pricing adjustments should be confined to international transactions, not entity-level transactions. The Tribunal also remitted the matter for fresh examination of working capital adjustment and inclusion of specific comparables. en-us Thu, 25 Feb 2021 00:00:00 +0530 Sat, 27 Feb 2021 11:26:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404654 The appeal was partly allowed, with several issues remitted back for fresh examination and determination. The Tribunal provided detailed guidance on the application of transfer pricing rules and the treatment of specific expenses and revenues. The Tribunal directed that transfer pricing adjustments should be confined to international transactions, not entity-level transactions. The Tribunal also remitted the matter for fresh examination of working capital adjustment and inclusion of specific comparables. Case-Laws Income Tax Thu, 25 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404654