https://www.taxtmi.com/caselaws?id=298714 The Tribunal partly allowed the appeal filed by the assessee, granting partial relief by excluding certain companies as comparables and allowing risk adjustment for software development services and ITES. Several companies were remitted back to the CIT(A) for further analysis, emphasizing functional comparability and proper application of filters in transfer pricing cases. The Tribunal directed the TPO to calculate working capital adjustment without any cap and upheld the CIT(A)'s decision on risk adjustment, stressing the assessee's responsibility to provide necessary details. The revenue's appeal was allowed for statistical purposes. en-us Wed, 21 Feb 2018 00:00:00 +0530 Wed, 17 Nov 2021 08:51:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298714 The Tribunal partly allowed the appeal filed by the assessee, granting partial relief by excluding certain companies as comparables and allowing risk adjustment for software development services and ITES. Several companies were remitted back to the CIT(A) for further analysis, emphasizing functional comparability and proper application of filters in transfer pricing cases. The Tribunal directed the TPO to calculate working capital adjustment without any cap and upheld the CIT(A)'s decision on risk adjustment, stressing the assessee's responsibility to provide necessary details. The revenue's appeal was allowed for statistical purposes. Case-Laws Income Tax Wed, 21 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298714