https://www.taxtmi.com/caselaws?id=435635 The Tribunal allowed the Assessee's appeal, directing the Transfer Pricing Officer to compute the Profit Level Indicator at 11.35% and include previously excluded comparable companies in the analysis. The Tribunal found errors in the TPO's approach, particularly in including non-international transactions in the PLI calculation and excluding certain comparables without proper justification. The Assessee's contentions regarding the treatment of non-international transactions and completeness of information for comparables were upheld, resulting in a favorable outcome for the Assessee. en-us Mon, 21 Nov 2022 00:00:00 +0530 Fri, 24 Mar 2023 09:35:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435635 The Tribunal allowed the Assessee's appeal, directing the Transfer Pricing Officer to compute the Profit Level Indicator at 11.35% and include previously excluded comparable companies in the analysis. The Tribunal found errors in the TPO's approach, particularly in including non-international transactions in the PLI calculation and excluding certain comparables without proper justification. The Assessee's contentions regarding the treatment of non-international transactions and completeness of information for comparables were upheld, resulting in a favorable outcome for the Assessee. Case-Laws Income Tax Mon, 21 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435635