https://www.taxtmi.com/caselaws?id=432652 The ITAT partially allowed the assessee's appeal, directing the exclusion of certain companies from the comparables list for SWD and MSS segments due to functional dissimilarities. The Tribunal remitted issues, including the inclusion of certain comparables and working capital adjustment computation, for fresh consideration. The issue of notional interest on delayed receivables was set aside for reconsideration. The Tribunal granted relief on several grounds, while others were remanded for further examination, ensuring compliance with judicial precedents and DRP directions. en-us Tue, 30 Aug 2022 00:00:00 +0530 Mon, 10 Jun 2024 17:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432652 The ITAT partially allowed the assessee's appeal, directing the exclusion of certain companies from the comparables list for SWD and MSS segments due to functional dissimilarities. The Tribunal remitted issues, including the inclusion of certain comparables and working capital adjustment computation, for fresh consideration. The issue of notional interest on delayed receivables was set aside for reconsideration. The Tribunal granted relief on several grounds, while others were remanded for further examination, ensuring compliance with judicial precedents and DRP directions. Case-Laws Income Tax Tue, 30 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432652