https://www.taxtmi.com/caselaws?id=445312 Delhi HC dismissed revenue's appeal challenging tribunal's selection of comparables for transfer pricing adjustment. Tribunal maintained consistency with previous orders while examining entire record to determine comparability of each comparable with assessee for AY 2007-08. Revenue failed to demonstrate any change in circumstances regarding assessee or comparables compared to earlier years, nor alleged such changes requiring fresh comparability analysis. Court found no perversity in tribunal's conclusion and ruled no substantial question of law arose. en-us Wed, 01 Nov 2023 00:00:00 +0530 Thu, 16 Jan 2025 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445312 Delhi HC dismissed revenue's appeal challenging tribunal's selection of comparables for transfer pricing adjustment. Tribunal maintained consistency with previous orders while examining entire record to determine comparability of each comparable with assessee for AY 2007-08. Revenue failed to demonstrate any change in circumstances regarding assessee or comparables compared to earlier years, nor alleged such changes requiring fresh comparability analysis. Court found no perversity in tribunal's conclusion and ruled no substantial question of law arose. Case-Laws Income Tax Wed, 01 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445312