https://www.taxtmi.com/caselaws?id=431876 The Tribunal partially allowed the appeal, directing the exclusion of IM+ Capital Ltd. and Keynote Corporate Services Ltd. from the list of comparables. It upheld the inclusion of Motilal Oswal Investment Advisors Pvt. Ltd. and remanded the issue of risk adjustment to the Assessing Officer for further examination. The decision emphasizes the significance of empirical evidence in claims for risk adjustment and the consistent application of filters in selecting comparables. en-us Tue, 19 Apr 2022 00:00:00 +0530 Thu, 22 Dec 2022 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431876 The Tribunal partially allowed the appeal, directing the exclusion of IM+ Capital Ltd. and Keynote Corporate Services Ltd. from the list of comparables. It upheld the inclusion of Motilal Oswal Investment Advisors Pvt. Ltd. and remanded the issue of risk adjustment to the Assessing Officer for further examination. The decision emphasizes the significance of empirical evidence in claims for risk adjustment and the consistent application of filters in selecting comparables. Case-Laws Income Tax Tue, 19 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431876