https://www.taxtmi.com/caselaws?id=298589 The appeals filed by the Revenue under section 260A of the Income Tax Act, 1961 challenging the Transfer Pricing Adjustments for A.Y. 2005-06 were dismissed. The Court found that no substantial question of law arose in the case, emphasizing the importance of legal interpretations and substantial questions in invoking section 260A for appeals related to Transfer Pricing issues. The Tribunal's decisions on RPT% and comparables selection were upheld, with the exclusion of certain comparables based on functional dissimilarity. Costs were not awarded to the Revenue. en-us Thu, 28 Jun 2018 00:00:00 +0530 Fri, 11 Nov 2022 15:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298589 The appeals filed by the Revenue under section 260A of the Income Tax Act, 1961 challenging the Transfer Pricing Adjustments for A.Y. 2005-06 were dismissed. The Court found that no substantial question of law arose in the case, emphasizing the importance of legal interpretations and substantial questions in invoking section 260A for appeals related to Transfer Pricing issues. The Tribunal's decisions on RPT% and comparables selection were upheld, with the exclusion of certain comparables based on functional dissimilarity. Costs were not awarded to the Revenue. Case-Laws Income Tax Thu, 28 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298589