https://www.taxtmi.com/caselaws?id=435320 The Tribunal partially allowed the appeal, remitting various issues back to the AO/TPO for reconsideration with specific directions to ensure proper comparability and adjustments in accordance with judicial precedents. The Tribunal emphasized the necessity of adjustments for custom duty, purchase price differences, depreciation exclusion, capacity utilization, and working capital based on actual data from comparables. Additionally, the Tribunal directed the TPO to reconsider issues related to foreign exchange fluctuation losses and limitation of TP adjustments to international transactions. en-us Wed, 29 Jun 2022 00:00:00 +0530 Thu, 16 Mar 2023 15:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435320 The Tribunal partially allowed the appeal, remitting various issues back to the AO/TPO for reconsideration with specific directions to ensure proper comparability and adjustments in accordance with judicial precedents. The Tribunal emphasized the necessity of adjustments for custom duty, purchase price differences, depreciation exclusion, capacity utilization, and working capital based on actual data from comparables. Additionally, the Tribunal directed the TPO to reconsider issues related to foreign exchange fluctuation losses and limitation of TP adjustments to international transactions. Case-Laws Income Tax Wed, 29 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435320