https://www.taxtmi.com/caselaws?id=438932 The Tribunal affirmed the CIT (Appeals) decisions to exclude certain high-margin comparables, uphold stringent comparability analysis standards, reject specific companies as comparables due to functional differences or extraordinary events, consider the mode of employee engagement, dismiss the use of only current year data for benchmarking, and restore the working capital adjustment issue for reconsideration. The Revenue's appeal was dismissed, and the assessee's cross-objection was partly allowed for statistical purposes. en-us Fri, 02 Dec 2022 00:00:00 +0530 Fri, 09 Jun 2023 18:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438932 The Tribunal affirmed the CIT (Appeals) decisions to exclude certain high-margin comparables, uphold stringent comparability analysis standards, reject specific companies as comparables due to functional differences or extraordinary events, consider the mode of employee engagement, dismiss the use of only current year data for benchmarking, and restore the working capital adjustment issue for reconsideration. The Revenue's appeal was dismissed, and the assessee's cross-objection was partly allowed for statistical purposes. Case-Laws Income Tax Fri, 02 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438932