https://www.taxtmi.com/caselaws?id=303000 The Tribunal directed the AO to re-compute the Arm's Length Price (ALP) by excluding companies with turnovers above Rs. 200 crores from the list of comparables. The decision emphasized that turnover is crucial in determining comparability for Transfer Pricing analysis. As a result, the Assessee's appeal was allowed, and the judgment was pronounced on June 28, 2019. en-us Fri, 28 Jun 2019 00:00:00 +0530 Tue, 28 Jun 2022 21:24:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303000 The Tribunal directed the AO to re-compute the Arm's Length Price (ALP) by excluding companies with turnovers above Rs. 200 crores from the list of comparables. The decision emphasized that turnover is crucial in determining comparability for Transfer Pricing analysis. As a result, the Assessee's appeal was allowed, and the judgment was pronounced on June 28, 2019. Case-Laws Income Tax Fri, 28 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303000