https://www.taxtmi.com/caselaws?id=443795 The appeal was partly allowed for statistical purposes, with several issues remitted to the AO/TPO for fresh consideration. The Tribunal directed the exclusion of Hartron Communications Ltd. from the list of comparables, correction of the Profit Level Indicator of Microland Limited, granting of risk and working capital adjustments, and recomputation of tax liability at the correct rate. The Tribunal also instructed the AO/TPO to verify the levy of interest under section 234D based on the refund granted under section 143(1) of the Income Tax Act, 1961. en-us Mon, 26 Jun 2023 00:00:00 +0530 Sat, 30 Sep 2023 10:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443795 The appeal was partly allowed for statistical purposes, with several issues remitted to the AO/TPO for fresh consideration. The Tribunal directed the exclusion of Hartron Communications Ltd. from the list of comparables, correction of the Profit Level Indicator of Microland Limited, granting of risk and working capital adjustments, and recomputation of tax liability at the correct rate. The Tribunal also instructed the AO/TPO to verify the levy of interest under section 234D based on the refund granted under section 143(1) of the Income Tax Act, 1961. Case-Laws Income Tax Mon, 26 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443795