https://www.taxtmi.com/caselaws?id=306751 The case involved transfer pricing adjustments on management charges. The Transfer Pricing Officer made an upward adjustment to the price charged by the assessee, which was added to the income. The Dispute Resolution Panel upheld this decision. The assessee contested the selection of comparables, leading to the exclusion of certain companies and adjustments to the margin of another. As a result, the assessee's profit level indicator fell within an acceptable range, partially allowing the appeal. The second ground concerning management charges was dismissed as not pressed. en-us Thu, 11 Mar 2021 00:00:00 +0530 Thu, 23 Feb 2023 02:54:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306751 The case involved transfer pricing adjustments on management charges. The Transfer Pricing Officer made an upward adjustment to the price charged by the assessee, which was added to the income. The Dispute Resolution Panel upheld this decision. The assessee contested the selection of comparables, leading to the exclusion of certain companies and adjustments to the margin of another. As a result, the assessee's profit level indicator fell within an acceptable range, partially allowing the appeal. The second ground concerning management charges was dismissed as not pressed. Case-Laws Income Tax Thu, 11 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306751