https://www.taxtmi.com/caselaws?id=298094 The appeal was partly allowed for statistical purposes, with specific issues restored to the Assessing Officer (AO) and Transfer Pricing Officer (TPO) for factual verification and reconsideration. The Tribunal acknowledged errors in the TPO's fresh comparable search, comparability analysis, and use of erroneous data. Adjustments for depreciation and non-allowance of appropriate adjustments to comparable companies were deemed justified. However, the Tribunal upheld the disallowance of expatriate costs and directed a reevaluation of the disallowance related to a creditor's outstanding balance. en-us Fri, 29 Apr 2016 00:00:00 +0530 Sun, 10 Oct 2021 12:03:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298094 The appeal was partly allowed for statistical purposes, with specific issues restored to the Assessing Officer (AO) and Transfer Pricing Officer (TPO) for factual verification and reconsideration. The Tribunal acknowledged errors in the TPO's fresh comparable search, comparability analysis, and use of erroneous data. Adjustments for depreciation and non-allowance of appropriate adjustments to comparable companies were deemed justified. However, the Tribunal upheld the disallowance of expatriate costs and directed a reevaluation of the disallowance related to a creditor's outstanding balance. Case-Laws Income Tax Fri, 29 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298094